Loading up a heavy LONG position on $ETH right here.
TP: $2,583
SL: $2,548
$ETH took a sharp dip and even swept below the $2,551 level, but bears failed to hold price down there. That strong rejection off the bottom caught my attention immediately.
Price is now building support around $2,557. As long as buyers hold this level, I'm anticipating a quick bounce back up toward the $2,580–$2,583 range.
My thesis is straightforward: the sell-off is complete, the low got swept, and now I'm playing the recovery move on $ETH 👇
#FedMinutesFocusOnOctoberPause #SP500AndNasdaqHitRecordHighs #DubaiVARAIssuesReserveAssetAuditCircular
TP: $2,583
SL: $2,548
$ETH took a sharp dip and even swept below the $2,551 level, but bears failed to hold price down there. That strong rejection off the bottom caught my attention immediately.
Price is now building support around $2,557. As long as buyers hold this level, I'm anticipating a quick bounce back up toward the $2,580–$2,583 range.
My thesis is straightforward: the sell-off is complete, the low got swept, and now I'm playing the recovery move on $ETH 👇
#FedMinutesFocusOnOctoberPause #SP500AndNasdaqHitRecordHighs #DubaiVARAIssuesReserveAssetAuditCircular