📊 $ETH USDT
This chart is basically:
📉 “Slow bleed for days…”
🚀 “ONE candle and everyone wakes up”
Sharp bounce from 2,020 → strong impulse candle → momentum shift attempt
📉 What’s happening?
Clean dump → base formation → sudden bullish spike
Shorts got trapped, but follow-through still needed
Now testing if this is reversal… or just a relief bounce
📍 Current zone = decision area
📈 Long Bias (if continuation)
Entry: 2,150 – 2,180
🎯 TP1: 2,220
🎯 TP2: 2,280
🎯 TP3: 2,350
🛑 SL: 2,080
📉 Short Bias (if rejection)
Below: 2,120
🎯 2,050 → 2,000
Key level = 2,120
Hold above = bullish continuation
Lose it = back to dump zone 📉
Market psychology:
Retail: “Bottom is in!!! 😍”
Smart money: “Let’s see if it holds first…” 🧠
This is the moment where fakeouts are born ⚠️