$ETH

Market is currently exhibiting controlled buying after a period of sharp deleveraging. Price action is consolidating below the psychological 2,000 resistance level following a local dip to 1,961. Momentum indicators suggest a temporary exhaustion of the recent sell-side pressure, with the 15m chart showing a steady recovery back toward the moving averages.

Breakout risk remains high if the 1,980 barrier is reclaimed with volume. Failure to hold the 1,970 region could lead to a retest of the 1,930 support zone. Current structure favors a cautious long entry as bulls attempt to flip resistance into support.

Entry Zone: 1,968 - 1,974

TP1: 1,995

TP2: 2,025

TP3: 2,050

Stop-Loss: 1,940

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