📉 $ETH at Support: Bounce or Break?
$ETH is testing a crucial psychological support level after a sharp decline. Is a relief rally coming?
🎯 Trade Plan
Entry: $2,035 - $2,050
SL: $1,990
TPs: $2,110 | $2,160 | $2,240
🧐 Why this setup?
Oversold: KDJ (K: 22, J: 16) shows extreme selling exhaustion.
Mean Reversion: Price is significantly disconnected from MA(7) and MA(25), suggesting a pull-back to the averages.
Support: Strong $2,000 level nearby.
⚖️ The Debate
Bull: RSI/KDJ are bottoming out;
Trade $ETH Here