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Ethereum (ETH) has bounced from its 24H low of $1,821 and is currently trading at $1,903, showing strong recovery. The 24H high of $1,923 is a key resistance—if ETH breaks above this level, further upside is likely. However, a rejection may lead to another dip.
Long Setup
Entry Zone: $1,900 - $1,910
Target 1: $1,935
Target 2: $1,960
Stop Loss: $1,880
Short Setup (If Rejected at Resistance)
Entry Zone: $1,915 - $1,923
Target 1: $1,885
Target 2: $1,860
Stop Loss: $1,935
📊 Market Insights: ETH is holding above $1,883 support, signaling bullish momentum. If ETH pushes past $1,923 with volume, it could lead to a rally. A rejection, however, might bring another test of $1,860.
🔥 Pro Tip: Watch for RSI above 60 and strong volume breakout before entering a long trade.