$ETH IS TESTING A KEY DEMAND ZONE THAT COULD PRODUCE A SIGNIFICANT BOUNCE 📈
Entry: 1,590 - 1,635 🔥
Target: 1,680 🚀
Stop Loss: 1,530 ⚠️
The 1,590-1,635 range sits directly on a daily order block that has repelled price three times since late September. Volume is declining on the lower timeframes, suggesting selling pressure is exhausting. The 4H RSI is hovering near 35 — historically a zone where ETH has reversed before.
This setup offers a clean 1:2.5 risk-to-reward against the first target. Are you taking the entry here or waiting for a sweep of the 1,530 liquidity?
Not financial advice. Always manage your risk.
#ETH #LongSetup #Ethereum #DemandZone #Crypto
📈
Entry: 1,590 - 1,635 🔥
Target: 1,680 🚀
Stop Loss: 1,530 ⚠️
The 1,590-1,635 range sits directly on a daily order block that has repelled price three times since late September. Volume is declining on the lower timeframes, suggesting selling pressure is exhausting. The 4H RSI is hovering near 35 — historically a zone where ETH has reversed before.
This setup offers a clean 1:2.5 risk-to-reward against the first target. Are you taking the entry here or waiting for a sweep of the 1,530 liquidity?
Not financial advice. Always manage your risk.
#ETH #LongSetup #Ethereum #DemandZone #Crypto
📈