$ETH Trading Idea: Moment of Counterattack? Key support confirmed below $2,839, a new round of upward momentum is brewing!
The market is at a critical divergence point! Ethereum ($ETH) is currently consolidating in the core range of $2,800 - $2,900 after experiencing a pullback. On the hourly chart, a key bullish trendline support is forming around $2,820. The market's bullish and bearish forces are fiercely contending in this area. If it can stabilize above the $2,820 support level, this pullback can be viewed as a healthy washout, accumulating energy for a new round of upward movement.
Trading Setup: Focus on key support to capture potential rebound waves
Entry Zone: $2,820 - $2,880
(Combine trendline support and the upper part of the current consolidation range to build long positions in batches)
Target 1 🎯: $3,000
(Breaking through the recent psychological level and the first technical resistance will initially confirm the start of the rebound)
Target 2 🚀: $3,200 - $3,300
(Mid-term acceleration target, corresponding to the upper edge of the previous chip density area)
Target 3 🔥: $3,500
(Key psychological and mid-term technical resistance level, breaking through will further open up space)
Stop Loss: Below $2,750
(Set below key trendline and platform support to strictly control risk)
Core Logic and Risk Warning
Logic: Prices are oscillating and consolidating near key support areas, expected to build a short-term bottom structure.
Risk: Cryptocurrency volatility is severe; if prices break below the stop-loss level with significant volume, downward risks must be heeded.
Reminder: This is a technical analysis idea and does not constitute investment advice. Please make independent decisions based on your personal risk tolerance and manage your positions accordingly.
