ETH is showing signs of a short-term recovery, bouncing off the 2,925 support zone and reclaiming the 2,950–2,960 area with solid momentum. On lower timeframes, price is forming higher lows and demonstrating strong buying interest, suggesting the bullish trend could continue as long as it holds above the recent breakout zone.
Trade Setup:
Trade: Long
Entry Zone: 2,940 – 2,955
Stop-Loss: 2,920
Target 1: 2,980
Target 2: 3,020
Target 3: 3,080
The focus here is on how ETH respects support.
ETH
2,932.14
-2.48%