🚀 $ETH — LONG potential with absorption of selling pressure!

If Ethereum continues to absorb selling pressure at this level, the next move may squeeze late short positions 📈

💥 $ETH — LONG

🔹 Entry area: 2173.54 – 2183.16

🛑 Stop loss: 2149.48

🎯 Targets:

1️⃣ TP1: 2207.22

2️⃣ TP2: 2216.84

3️⃣ TP3: 2236.08

📊 Why this trade?

The 4-hour chart shows a LONG setup despite the bearish daily context.

Focus on the interaction near 2173.54 – 2183.16 (midpoint 2178.35) and not the market noise.

RSI 15m = 79 supports continued upward movement, and momentum is high needing monitoring of movement.

Trading volume on 15m = 182.29K compared to 154.38K in baseline → sufficient participation for ongoing movement.

⚡ Important notes:

As long as the price is above 2149.48, the first target is at 2207.22.

If momentum continues after consolidation, the extended target reaches 2236.08.

Discussion: Is this the beginning of a real reversal or a trap before resuming the bearish trend?

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