Trade $ETH here 👇
ETHUSDT
Perp
2,100.45
+0.59%
$ETH Long
Entry: 2,070 – 2,120
Stop loss: 1,980
Targets:
T1: 2,250
T2: 2,420
T3: 2,650
Why a bounce long is reasonable (light read):
Price is sitting near prior macro support zone after a sharp monthly drawdown → typical reaction area.
Large sell candles + rising volume = potential local capitulation.
Structure shows repeated defense around the same base → absorption behavior.
Risk/reward is acceptable if stop is kept tight under 1,980.
Keep size small and leverage controlled this is a reaction long, not confirmed trend reversal yet.