Guys, I’m opening a BIG LONG on $ETH here.
TP: $2,430
SL: $2,393
ETHUSDT
Perp
2,402.86
-2.58%
A lot of people are already getting scared after this dump, but that’s exactly why I’m watching this area.
$ETH is reacting from the $2,398–$2,402 support zone, and buyers are starting to step back in.
There’s also a good amount of liquidity sitting higher around $2,430, so if this support keeps holding, price can push back into that area pretty quickly.
I’m not expecting some crazy move here just a clean recovery from support into the liquidity above.
Let’s see if $ETH gives us the bounce.
TP: $2,430
SL: $2,393
ETHUSDT
Perp
2,402.86
-2.58%
A lot of people are already getting scared after this dump, but that’s exactly why I’m watching this area.
$ETH is reacting from the $2,398–$2,402 support zone, and buyers are starting to step back in.
There’s also a good amount of liquidity sitting higher around $2,430, so if this support keeps holding, price can push back into that area pretty quickly.
I’m not expecting some crazy move here just a clean recovery from support into the liquidity above.
Let’s see if $ETH gives us the bounce.