$ETH shows a strong recovery from its recent dip, with critical support holding firm for potential continuation. ๐
Position: Long ETH
Entry: 2,285 โ 2,295
SL: 2,260
Take Profit Targets:
TP1: 2,330
TP2: 2,360
TP3: 2,395
$ETH is currently trading at 2,289.71, having successfully found support at the 2,259.77 low. Price has bounced into the demand zone, ranging from 2,289.71 to 2,335.03, indicating renewed buying interest.
On the 15-minute chart, price is holding above the 2,282.50 support level, with a clear reversal candle suggesting a shift in momentum. Despite a slight daily decline of -0.10%, the market structure confirms buyers are actively defending key levels. Volume remains robust at 16.20B USDT.
As long as $ETH maintains its position above 2,280, the outlook favors continued upward movement. We anticipate a push towards the 2,335 level, with a potential retest of the 2,395.40 high. Keep a close watch! ๐
(ETHUSDT)
