Everyone pause for a second and look closely at this.
$ETH has just seen a sharp pullback after the recent rejection from the upper range, and price is now reacting near a key demand area. Sellers pushed it down aggressively, but the way price is stabilizing here shows this isn’t panic — it’s controlled profit-taking. If buyers defend this zone, Ethereum can easily build a base for the next directional move.
This kind of retrace after an impulse often sets up a high-probability continuation if support holds.
Trade Setup (Long):
Entry Range: 2860 – 2920
Target 1: 3050
Target 2: 3200
Target 3: 3400
Stop Loss (SL): below 2800
Short Outlook: As long as price holds above the 2800 support, bullish continuation remains valid. A clean reclaim of 3000 will shift momentum fully back to buyers.
ETH
2,834.78
-3.48%