$ETH 1H 📊
ETH is bouncing from $2,462, but the 1H trend is still bearish until it reclaims the Supertrend.
Current: $2,503.96
Supertrend: $2,511.85
Resistance: $2,511–$2,529
Support: $2,485 → $2,462
Long setup
Entry: $2,490–$2,505
SL: $2,460
TP1: $2,512
TP2: $2,529
TP3: $2,546
The cleaner confirmation is a 1H close above $2,512. If ETH gets rejected there and loses $2,485, a retest of $2,462 becomes more likely.
Best approach: don't chase the bounce. Wait for the Supertrend reclaim or a clean support retest.
Chart-based setup only, not financial advice.
#Write2Earn
ETH is bouncing from $2,462, but the 1H trend is still bearish until it reclaims the Supertrend.
Current: $2,503.96
Supertrend: $2,511.85
Resistance: $2,511–$2,529
Support: $2,485 → $2,462
Long setup
Entry: $2,490–$2,505
SL: $2,460
TP1: $2,512
TP2: $2,529
TP3: $2,546
The cleaner confirmation is a 1H close above $2,512. If ETH gets rejected there and loses $2,485, a retest of $2,462 becomes more likely.
Best approach: don't chase the bounce. Wait for the Supertrend reclaim or a clean support retest.
Chart-based setup only, not financial advice.
#Write2Earn
