Current Price: $2,745.34
24h Change: -1.72%
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๐ What Just Happened?
Ethereum just dipped into the $2,774 support zone, sweeping the lows โ and then quickly bounced back above $2,794. This kind of wick + reclaim pattern often signals a bullish reversal from oversold intraday conditions.
Volume is ticking higher, and if $ETH holds above $2,790, a rally toward $2,880+ could be on the table.
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๐ Trade Idea: Long Setup
๐ฉ Entry: $2,794
๐ฏ Target: $2,881
๐ก๏ธ Stop-Loss: $2,762
> Risk is tightly defined, and bulls may try to flip short-term momentum in their favor.
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๐ง Quick Take:
If this reclaim sustains and buyers follow through, we could see a scalp opportunity develop with solid R:R. Just make sure to monitor volume and price behavior near $2,790!
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