**Ethereum Price Bounces Back**
📈 Ethereum has regained its footing, trading around $2,980 after a strong reaction from the $2,700-$2,800 support zone. This bounce is a clear indication that buyers are still committed to defending this level.
**Short-term Outlook Remains Positive**
As long as Ethereum stays above $2,800, the path to a continuation move into the $3,100-$3,200 resistance zone remains open. Momentum above $3,000 would further strengthen the bullish case.
**Risk Management is Key**
A loss of $2,800 would signal a failed rebound and increase the probability of a pullback toward $2,500. Trading decisions should be based on confirmation, not emotional impulses.
**Trading Plan (Long Continuation)**
• Entry: $2,900-$2,980
• SL: $2,780
• TP1: $3,100
• TP2: $3,200
Follow the price action carefully and make informed decisions.
