$ETH ETH Price bouncing off a sharp flush low, but on daily time frame its deeply oversold.
trade plan: long $ETH
entry: 2,075 to 2,135
stop loss: 2,020
targets
tp1: 2,195
tp2: 2,265
tp3: 2,355
move sl to entry after tp1.
click 👇 and long $ETH
ETHUSDT
Perp
2,118.46
-1.58%
Daily StochRSI at 27.64 is in oversold territory and the 2,045 spike low held cleanly with a visible bounce reaction confirming buyer presence at that level. The 1H OBV remains negative at minus 3.99M so this is purely a bounce trade and not a structural reversal. The 15M StochRSI printing at 94 means the initial bounce is already overextended so wait for price to pull back into the entry zone rather than chasing current levels. Daily midband at 2,096 flipping to support would be the key confirmation that 2,265 and beyond is achievable.
risk max 1-2%