$ETH is holding a critical demand zone after the sharp rejection from $3,077. The sweep to $2,899 flushed weak longs and now price is stabilizing between EMA50 and EMA100. This is classic compression before the next expansion leg.
Entry (EP): $2,920 – $2,960
Take Profit (TP):
TP1: $3,020
TP2: $3,150
TP3: $3,320
Stop Loss (SL): $2,850
As long as $2,900 stays protected, Ethereum remains in recovery mode.
ETHUSDT
Perp
2,930.39
-1.20%