$ETH is stabilizing after the drop into the 2888.70 reaction low and I am watching this closely because buyers stepped in strongly at that zone and defended it with steady pressure. The 1h candles are forming a small base and the recent higher lows show early signs of momentum trying to shift after the pullback.
Here is my full setup from this chart.
Entry Point
2960 – 2910
Target Point
TP1: 2980
TP2: 3005
TP3: 3055
Stop Loss
2865
It is possible because every dip near 2910 is getting absorbed quickly and selling pressure is fading. If $ETH stays above this support zone the move toward 2980 becomes the natural first step before momentum attempts a higher continuation again.
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ETH
2,949.47
-0.73%