$ETH is trading around 2,486.04, down 2.25%. The recent decline shows selling pressure, and the current price area is important for determining whether buyers can regain control.
A hold near 2,450–2,480 could support a recovery toward resistance. If sellers push price below this zone, the bullish setup would weaken further. I’m looking for a clear reaction before considering an entry.
Trade Setup:
Entry Zone: 2,450–2,480
Take Profit 1: 2,520
Take Profit 2: 2,560
Stop Loss: 2,420
Avoid chasing the decline. Let price confirm its direction and manage risk carefully.
A hold near 2,450–2,480 could support a recovery toward resistance. If sellers push price below this zone, the bullish setup would weaken further. I’m looking for a clear reaction before considering an entry.
Trade Setup:
Entry Zone: 2,450–2,480
Take Profit 1: 2,520
Take Profit 2: 2,560
Stop Loss: 2,420
Avoid chasing the decline. Let price confirm its direction and manage risk carefully.