๐ฅ $ETH: Bullish Reversal Imminent! ๐
Entry Zone: 2,960- 3,020
Stop Loss: 2,890
Take Profit Targets:
โ TP1: 3,180
โ TP2: 3,350
โ TP3: 3,550
$ETH has completed a deep correction from a high of 4,253 to a low of 2,620, establishing a clear accumulation structure. Price is currently retesting key support at 3,020 after breaking short-term resistance โ a strong signal of a potential trend reversal. ๐ Recent trading volume surged to 1.27M $ETH, and the 7-day moving average (MA7) has crossed above, providing upward support.
The price is currently within a strong demand zone (2,900-3,050) with a massive 10.28% buy/sell ratio, indicating significant absorption of sell orders. Breaking the 99-day moving average at 3,624 could propel $ETH towards 3,800-4,000 next week. ๐ฐ
#Ethereum #ETH #CryptoTrading #Bullish ๐
