$ETH – Support zone bounce confirmed with recovery momentum positioning for relief rally
Trade Setup: Long $ETH
• Entry Zone: 1,565 – 1,580
• Target 1: 1,620
• Target 2: 1,680
• Target 3: 1,750
• Stop Loss: 1,530
Price action is exhibiting a strong bounce from a major support zone following a sharp sell-off on the 1-hour timeframe. Buyers are stepping in aggressively, and the current recovery candle suggests a potential relief rally should momentum continue. Exercise proper risk management and await confirmation before entry. Risk parameters are anchored beneath the demand zone at 1,530.
Just click trade here 👇
Trade Setup: Long $ETH
• Entry Zone: 1,565 – 1,580
• Target 1: 1,620
• Target 2: 1,680
• Target 3: 1,750
• Stop Loss: 1,530
Price action is exhibiting a strong bounce from a major support zone following a sharp sell-off on the 1-hour timeframe. Buyers are stepping in aggressively, and the current recovery candle suggests a potential relief rally should momentum continue. Exercise proper risk management and await confirmation before entry. Risk parameters are anchored beneath the demand zone at 1,530.
Just click trade here 👇