Reversal Support Hold Setup on $ETH
ETH
3,148
+0.30%
/USDT – Long Entry Opportunity
ETH is stabilizing near a key intraday support after a sharp corrective move, showing signs of base formation on the 15-minute timeframe. Price is holding above the demand zone with selling pressure fading, suggesting a potential relief bounce toward nearby resistance levels if buyers maintain control.
Entry: 2,920 – 2,935
Target 1: 2,980
Target 2: 3,030
Target 3: 3,095
Stop-Loss: 2,885
Risk Management: Allocate 3–5% per trade. Once Target 1 is achieved, move stop-loss to entry to protect capital.
Pro Tip: A strong bullish candle close above 2,955 with rising volume will confirm continuation toward higher targets.