$ETH is holding an important support zone, and this is where things could get interesting. After the recent selling pressure, buyers are finally showing signs of defending the area instead of letting price slide further.
The level I’m watching closely is $1,867.96. If ETH continues to hold above it and buyers step in with strength, a recovery toward $1,930.84 could be on the table, followed by $1,940.
📍Entry: $1,867.96 – $1,872.26
🎯TP1: $1,930.84
🎯TP2: $1,940.00
🛑SL: $1,867.96
⚖️Risk:Reward: 1:2
The setup is interesting, but I’m not calling a reversal before price confirms it. If support holds and momentum returns, the bounce could become much stronger.
DYOR$ETH
The level I’m watching closely is $1,867.96. If ETH continues to hold above it and buyers step in with strength, a recovery toward $1,930.84 could be on the table, followed by $1,940.
📍Entry: $1,867.96 – $1,872.26
🎯TP1: $1,930.84
🎯TP2: $1,940.00
🛑SL: $1,867.96
⚖️Risk:Reward: 1:2
The setup is interesting, but I’m not calling a reversal before price confirms it. If support holds and momentum returns, the bounce could become much stronger.
DYOR$ETH