$ETH just made a strong spike and now it’s cooling down. This pullback looks healthy, not weak.
Short Technical View:
Price pushed above the mid Bollinger Band and is holding near it. Volume expanded on the move up, and MACD is still positive. This looks like a normal retest after a fast pump.
ETH
3,100.84
-4.05%
Buy Zone:
➡️ 3,095 – 3,080
Targets:
🎯 TP1: 3,130
🎯 TP2: 3,180
🎯 TP3: 3,240
Stop Loss:
❌ 3,050
Reason:
Trend is short-term bullish, buyers defended the dip, and structure is still higher highs & higher lows.
Question:
Do you think $ETH will break 3,200 next or reject again? 🤔
CTA:
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