$ETH /USDT showing signs of base formation after correction.
After the sharp rejection from the 3,170–3,180 resistance zone, ETH pulled back aggressively and found solid demand near 2,870–2,900. Since then, price has been moving sideways, indicating stabilization and accumulation, not weakness.
This type of structure often appears before the next directional move. Sellers are losing momentum, and buyers are defending dips consistently.
As long as ETH holds above the 2,880–2,900 support zone, the bullish recovery scenario remains valid.
Trade Setup (Long):
Entry Zone: 2,900 – 2,940
Target 1: 3,020
Target 2: 3,120
Target 3: 3,250
Stop-Loss: 2,810
Structure is stabilizing.
Support is holding.
Next move depends on a clean push above 3,000.
Trade patiently and manage risk properly.
ETHUSDT
Perp
3,013.79
+2.76%