$ETH Holding Demand — Long Setup Still in Control 📈
Long Trade Signal (Scalping):
Entry 1: 2,950 – 2,920
Entry 2: 2,880 – 2,850
TP1: 3,020
TP2: 3,120
TP3: 3,260
SL: 2,780
Leverage: 15–30x (risk-managed)
Open Trade in Future👇🏻
Spot Traders:
Spot buyers can slowly accumulate near the lower support zone. As long as ETH holds above the mid-range support, upside continuation remains valid.
Why This Trade:
$ETH already completed a healthy pullback from the 3,200+ region and found strong demand near the 2,800 area. Since then, price has been holding structure, not breaking down. On the 1H chart, sellers failed multiple times to push price below the 2,920–2,900 zone, showing that selling pressure is weakening.
On lower timeframes, price is consolidating above support with tight candles, which usually precedes expansion. This makes long setups higher probability than shorts, because shorting near support after a deep correction carries unnecessary risk. Market sentiment is stabilizing, and ETH is following BTC’s base-building behavior.
Support Zones:
• 2,920 – 2,880 (intraday demand)
• 2,850 – 2,800 (major support)
Resistance Zones:
• 3,020 – 3,080 (local supply)
• 3,200 – 3,300 (major breakout zone)
As long as $ETH stays above 2,880, dips are for buying, not shorting. Manage risk, secure profits at TP1, and let the trade work.
And remember — if you’re not following Token Talk, you’re missing these structured ETH moves before the breakout.