$ETH Market Event: Price printed a downside rejection after probing lower and finding support near local demand.
Momentum Implication: The bounce suggests sellers failed to extend control, opening room for a recovery push.
Levels:
• Entry Price (EP): 2,038 – 2,048
• Trade Target 1 (TG1): 2,072
• Trade Target 2 (TG2): 2,098
• Trade Target 3 (TG3): 2,135
• Stop Loss (SL): 2,018
Trade Decision: Long bias is valid only while price continues defending the reaction low and builds above intraday support.
Close: If 2,040 stays protected, continuation toward higher liquidity remains in play.
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