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$ETH Reversal or Relief Bounce? Is Momentum Really Shifting?

Long $ETH

• Entry: 2,325 – 2,330

• Stop Loss: 2,310

Targets:

• TP1: 2,340

• TP2: 2,360

• TP3: 2,380 – 2,400

ETH is showing signs of stabilization after a sharp intraday sell-off. Price formed a clear higher low structure around the $2,300–2,310 zone, followed by a strong bullish rejection and recovery back above the $2,325–2,330 region.

This move suggests buyers are stepping in aggressively after oversold conditions, with volume gradually increasing on the rebound candles. The structure is shifting from short-term weakness into a potential bullish continuation setup.

The bullish bias remains valid as long as price holds above the $2,310 support zone. A clean breakout above $2,340 could trigger continuation toward higher resistance levels at $2,380+.

Trade $ETH here 👇🏻

ETH
ETHUSDT
2,339.81
-1.09%

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