🚨 $ETH LONG SIGNAL 🚨
🟢 Entry Zone: 1,665 – 1,685
🛑 Stop Loss: 1,608 (-20% risk with 5x leverage)
🎯 Targets:
• TP1: 1,740 (+$19.40)
• TP2: 1,820 (+$43.30)
• TP3: 1,950 (+$82.10)
💰 Risk & Reward (Based on $100 Account, 5x Leverage)
• Maximum Loss: -$20.00
• TP1 Profit: +$19.40
• TP2 Profit: +$43.30
• TP3 Profit: +$82.10
Fear is still all over the market right now and that is honestly what makes this $ETH setup so interesting to me, from my analysis I noticed something shifted after that brutal selloff, large buyers stepped in aggressively around the 1,520 to 1,550 demand zone and the bounce from those lows was not something you see from weak hands.
ETH is now holding above 1,650 and quietly forming a short term recovery structure which tells me the tide could be turning, from what I see most bearish traders are still expecting more downside but the chart is telling a different story, markets have a way of reversing exactly when everyone least expects it, a strong close above 1,700 would confirm to me that bullish momentum is building and a continuation toward the 1,800 to 1,950 region becomes very likely from here.