$ETH 🚀 is consolidating near the 2000 level and showing early signs of buying momentum following the recent decline. However, price is still encountering selling pressure around the 2040–2050 zone, making it a critical turning point. A break above this area could open the door for further upside, while a rejection may push price back down for another decline.

Long Setup

Entry: 2011-2033

Stop Loss: 1970

Targets: 2052 / 2081

Short Setup

Entry: 2036-2051

Stop Loss: 2084

Targets: 1983 / 1952

The plan is to wait for confirmation and execute the trade based on either a breakout or a rejection.

Click below to Take Trade​​​​​​​​​​​​​​​​

ETH

2,367.81

+7.90%