$ETH /USDT — Counter-Trend Bounce Setup (LONG) 🔥
Ethereum remains in a strong daily downtrend, but selling pressure is cooling. On the 4H timeframe, price has shifted into a consolidation phase, while the 1H chart is beginning to carve out an early reversal structure.
Momentum is starting to flip short-term, with the 15-minute RSI pushing above the 50 level — a key signal that buyers are stepping back in. This opens the door for a controlled rebound toward nearby resistance levels.
This is a tactical long opportunity within a broader range, offering an attractive risk-to-reward profile for a short-term move.
📌 Actionable LONG Setup
Entry: 2928.54 – 2942.40
TP1: 2977.05
TP2: 2990.92
TP3: 3018.64
Stop Loss: 2893.88
⚠️ Counter-trend trade — manage risk accordingly.
ETH
2,973.57
-0.25%
BTC
88,114.55
-0.18%