$ETH Bounces Hard from $2,406 ā Is the Dip Over? š
$ETH hits $2,406 before a strong wick recovery back to $2,434. The 1H chart shows a rejection from $2,463, followed by a retrace below MA(7), MA(25), and MA(99) ā signaling caution.
š Momentum is mixed ā bounce from local low, but MAs converging.
šÆ Trade Setup ā REBOUND SCALP
Entry Zone: $2,430ā$2,435
Target 1: $2,450
Target 2: $2,468
Stop Loss: $2,415
š§ Watch volume closely ā another drop below $2,420 could shift bias back to bearish.