$ETH KEY SUPPORT AT $1,840 UNDER PRESSURE ๐ฅ
Entry: $1,840 ๐ฅ
Target: $1,930 ๐
Stop Loss: $1,820 โ ๏ธ
ETH has pulled back from its recent rally and is now testing the $1,840 support zone on the 4H. Buyers need to defend this level to keep the bullish structure intact โ the same area that previously acted as a launchpad for the move higher. 4H volume is showing increased buying interest near this zone, suggesting absorption rather than distribution.
If $1,820 gives way, expect a deeper correction before the next rally. The next 4H close will be telling. Are you long at support or waiting for a sweep below?
Not financial advice. Always manage your risk.
#ETH #LongSetup #SupportTest #Crypto
๐ฅ
Entry: $1,840 ๐ฅ
Target: $1,930 ๐
Stop Loss: $1,820 โ ๏ธ
ETH has pulled back from its recent rally and is now testing the $1,840 support zone on the 4H. Buyers need to defend this level to keep the bullish structure intact โ the same area that previously acted as a launchpad for the move higher. 4H volume is showing increased buying interest near this zone, suggesting absorption rather than distribution.
If $1,820 gives way, expect a deeper correction before the next rally. The next 4H close will be telling. Are you long at support or waiting for a sweep below?
Not financial advice. Always manage your risk.
#ETH #LongSetup #SupportTest #Crypto
๐ฅ