$ARPA thought
SIGNAL ALERT: ETH / USDT 💎
The chart is showing a critical retest of the 2,900 support zone. After the Federal Reserve’s latest interest rate pause and rising geopolitical tensions, ETH has faced significant selling pressure, dropping below the 3,000 psychological level. I’m entering a Long position here to catch a technical bounce from this oversold region. 🚀
Signal Type: LONG 🟢
Mode: Isolated
Leverage: 20x (Adjust to risk)
👉 Entry Zone: 2,850 - 2,930
Why: * Triangle Breakdown Recovery: ETH recently broke below a symmetrical triangle pattern, but strong exchange outflows and a "zero" validator exit queue suggest long-term holders are not selling.
ETF Stabilization: US Ethereum ETFs recorded 28.1 million in net inflows yesterday, showing institutional interest is returning at these lower price levels despite the broader market dip.
Major Support Zone: 2,850 is a historically significant support level. Technical indicators like the RSI are approaching oversold territory on daily timeframes, signaling a potential reversal.
🎯 Take Profit Targets: 1. 3,100 (25% profit)
2. 3,350 (Mid-term)
3. 3,600 (Moon bag 🚀)
🛑 Stop Loss: 2,780 (Strict)
This is a high-volatility scalp. Secure profits early at the first target and use a trailing stop!
