Current Price: $3,662.4 (–5.10%)
Market: Perpetual Futures
📉 What’s Happening?
ETH just had a sharp drop down to $3,616 — a key support level.
Now it’s showing signs of bouncing back, but the move isn't confirmed yet.
📊 What I’m Seeing:
Higher lows on the 30-min chart 🕒
More volume coming in at support 📈
Momentum shift? Maybe — structure looks better, but we need more proof
⚔️ Key Levels to Watch:
Resistance: $3,878
Support: $3,616 → Must hold!
📥 Trade Idea (If Confirmed):
Buy Entry: $3,700–$3,730 (only after confirmation)
Stop Loss: $3,645 (just below recent low)
Targets:
✅ TP1: $3,800
✅ TP2: $3,860
✅ TP3: $3,940
⚠️ Important:
No early entries.
We need a strong close above $3,730 to confirm the bullish setup.
Be patient. Let the price show real strength before jumping in.
Stay sharp, stay disciplined. The best trades come to those who wait. 🧘♂️📈
