$ETH — Bullish Recovery Building, Momentum Turning Up
I’m Seeing A Strong Bounce From The 2,260 Zone Followed By A Clean Push Toward 2,420. After That Rejection, Price Started Cooling Off And Printing A Base. Now It’s Slowly Climbing Back Up — That’s A Sign Buyers Are Regaining Control.
Right Now It’s Breaking Out Of The Short-Term Range With Higher Lows Forming. Sellers Tried To Hold It Down, But Momentum Is Shifting.
Reason : — Strong Bounce From Key Demand Zone
— Rejection From 2,420 But No Breakdown
— Higher Lows Showing Strength
— Gradual Push Back Into Resistance
— Liquidity Sitting Above 2,400
This Looks Like A Setup Where Pressure Is Building For Another Move Up.
Trade Setup : I’m Not Entering Blind. I’m Watching Either A Retest Or A Clean Break For Confirmation.
Entry Point : 2,320 — 2,350 Zone (Support Flip + Current Momentum Zone)
Target Point : 2,420 (Previous High Retest)
2,500 (Breakout Expansion)
2,650 (If Momentum Accelerates)
Stop Loss : 2,260 (Below Strong Support + Invalidation Level)
How It’s Possible : I’m Expecting A Push Toward 2,400 Liquidity. Once That Breaks Clean, Shorts Get Trapped And Price Expands Fast. This Kind Of Slow Grind Up Usually Ends With A Strong Move.
If Price Drops Below 2,300 Strongly, Setup Weakens. Until Then, Structure Favors Bulls.
I’m Watching This Closely. Momentum Is Building Up.
Let’s Go And Trade Now $ETH
