🚀 $ETH Long Setup: Potential Reversal at Support Zone? 📈

Ethereum ($ETH ) is currently testing a key demand and liquidity zone on the 5-minute chart following a pullback from local highs. Price action is stabilizing near major support, offering a risk-defined Long setup with favorable risk-to-reward.

Trade Parameters
Entry Zone: $1,893.00 - $1,894.20

Target 1 (TP): $1,901.80 (~0.46% Gain)

Stop Loss (SL): $1,890.50 (Below local demand & swing low)

Risk/Reward Ratio: ~2.38:1

Technical Breakdown
Demand Zone Holding: $ETH pulled back from the $1,908 peak and is now testing support between $1,888.00 and $1,893.00.

Liquidity Sweep: Lower timeframes show absorption near the $1,890 level, setting up potential upside continuation toward upper resistance.

Invalidation: A clean close below $1,890.50 invalidates the bullish structure.

💡 Always manage your risk carefully and practice strict position sizing.

Are you looking for ETH to rebound from here or breakdown lower? Let me know your thoughts in the comments below! 👇

#ETH #CryptoTrading #TradingSetup #BinanceSquare #TechnicalAnalysis @Binance BiBi