📉 $ETH : Support Test or Breakdown?
Ethereum has dropped sharply, currently hovering near its critical $2,020 support. Is this a local bottom or the start of a deeper correction?
🛠 Trade Plan
Entry: $2,025 - $2,050 (Wait for 1H bullish confirmation)
Stop Loss (SL): $1,990
Take Profit (TP): $2,120 | $2,150 | $2,200
🧐 Why This Setup?
Demand Zone: Price is re-testing the previous swing low at $2,021.58.
Mean Reversion: ETH is overextended below its MA(7/25); a bounce towards the moving averages is
Trade $ETH here