⚡ $ETH — Strong Pullback Retest With Early Bullish Stabilization
$ETH dropped from the 4,956 monthly high and has now pulled back into a key support zone around 3,050 – 3,120. Buyers are showing early defense here, forming a small stabilization candle — a good sign that momentum may recover if this zone continues to hold.
Price is still respecting the broader bullish structure, forming a potential higher-low on the 1M timeframe. A clean close above 3,180 can trigger a fresh upside push.
Trade Setup (LONG)
Entry Zone: 3,080 – 3,140
Stop-Loss: 2,980
Targets 🎯: 3,250 → 3,420 → 3,560
As long as ETH holds above the 3,050 demand area, structure remains bullish and momentum can reload anytime.
Follow the trend and manage risk carefully.
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ETHUSDT
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