$ETH – STRONG RECOVERY WICK SHOWS BUYERS DEFENDING THE 3,100 ZONE
After the pullback from 3,130, $ETH tapped the key 3,100 support area and immediately printed a strong bullish reaction, showing clear demand stepping in at the base of the range. The fast rebound and continuation candles indicate buyers are prepared to push price back toward the mid-range if this level continues to hold.
Trade Setup (Long):
Entry Range: 3,102 – 3,112
Target 1: 3,128
Target 2: 3,144
Target 3: 3,162
Stop Loss (SL): 3,091
Market Outlook:
As long as the 3,100 support remains intact, bullish continuation is favored with momentum shifting in buyers’ direction for the next leg up.
