Ethereum (ETH) is showing signs of a strong recovery on the 15m chart. After a brief consolidation, the price action looks bullish as it respects the immediate support levels.
Here is my current setup:
📍 Entry Zone: Around 2,130 - 2,133
🎯 Take Profit (TP): 2,144.85
🛡️ Stop Loss (SL): 2,120.35
Analysis:
The risk-to-reward ratio for this trade looks solid. Even though there is some selling pressure in the order book, the trend remains intact as long as we hold above the 2,120 support level.