ETH Trade Setup: Bullish Continuation 🚀
Ethereum is currently retracing into a high-interest demand zone. Despite the dip, the overall market structure remains bullish. We are seeing price compression and a loss of bearish momentum, suggesting this is a healthy pullback before the next leg up.
The Trade Plan
Entry Zone: 2620 – 2660
Stop Loss (SL): 2550
Take Profit Targets:
🎯 TP1: 2720
🎯 TP2: 2850
🎯 TP3: 3000
The higher timeframe (HTF) trend is still firmly intact. As long as we hold above the 2550 support level, the probability favors a bounce toward the psychological 3k mark. Volume is thinning on the sell-side, signaling that the "weak hands" are out and buyers are stepping back in.
trade $ETH 👇
ETHUSDT
Perp
2,079.98
+1.68%