🎯 Trade Setup: $ETH — Ethereum Approaches Demand Zone Amid Broad Selloff
● Long Entry: $2,250 – $2,340
🎯 TP1: $2,500 | TP2: $2,750
🛡️ Stop Loss: $2,150
📊 Logic: ETH shed -3.00% today and is now trading ~53% below its 52-week high of $4,954, putting it firmly in deep-value territory relative to recent cycle highs.
EMA20 (~$2,400) and EMA50 (~$2,600) are stacked above as resistance clusters. Strong support sits at the $2,200–$2,250 zone; a bounce with volume confirmation here targets a recovery toward the $2,500 resistance.
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Not financial advice. Always manage your risk.