💎 Ethereum (
$ETH ): Holding the Line at $1,900
Ethereum is currently navigating a high-volatility zone as we approach the weekend. Despite the daily trend testing the nerves of many, smart money is showing heavy accumulation. With the RSI sitting near 30.73 (oversold territory) and institutional whales adding thousands of ETH to their bags at these levels, the setup for a relief rally is firmly in place.
📊 Tactical Trade Plan
Action: Long Continuation (Buy/Add)
Entry Reference: 1,980
Stop Loss (SL): 1,900 (Critical support zone)
Target 1 (TP1): 2,120
Target 2 (TP2): 2,150
Target 3 (TP3): 2,180
🧠 Market Context
The $1,900 level remains the "line in the sand" for bulls. We just saw a major option expiry worth roughly $410M in ETH contracts, which often leads to price stabilization once the dust settles. If we can reclaim the $2,100 "max pain" level, a quick push toward $2,180 is statistically likely as shorts get squeezed.
Nabiha’s Note: This setup is for reference only. The market is currently in an "Extreme Fear" phase (Index: 9), so manage your risk carefully and don't over-leverage! 🛡️
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