$ETH long โ Reclaiming $2,287 for a push to $2,367 ๐
ETH is holding the $2,240 daily support zone, with the 200-day SMA acting as a strong structural floor at $2,157. A major $45M institutional bet is signaling that selling pressure may be easing. A clean 4H close above the $2,287 pivot will confirm the short-term reversal and open the path toward the next major resistance.
Entry: 4H close above $2,287
SL: Below $2,139
Target 1: $2,367
Target 2: $2,450
If $2,139 breaks down, the setup is invalid โ cut your losses.
$ETH
DYOR. NFA.
#ETH #Ethereum #TradeIdea
ETH is holding the $2,240 daily support zone, with the 200-day SMA acting as a strong structural floor at $2,157. A major $45M institutional bet is signaling that selling pressure may be easing. A clean 4H close above the $2,287 pivot will confirm the short-term reversal and open the path toward the next major resistance.
Entry: 4H close above $2,287
SL: Below $2,139
Target 1: $2,367
Target 2: $2,450
If $2,139 breaks down, the setup is invalid โ cut your losses.
$ETH
DYOR. NFA.
#ETH #Ethereum #TradeIdea