After a recent correction, $ETH is consolidating near a key demand zone. Price action suggests that sellers are losing momentum while buyers are slowly stepping in. If this support area holds, a short-term bounce could develop.
Potential Long Setup: Entry Zone: 2350 – 2355
Targets: 2360 / 2365 / 2370
Stop-Loss: 2320
The structure shows a possible recovery attempt as market momentum stabilizes. A clean move above the entry zone could trigger a quick upside push toward the nearby resistance levels.
⚠️ Always trade with proper risk management and avoid over-leveraging in volatile markets.
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