$ETH shows an orderly recovery — bullish path open on the 1-hour chart.
🟢 LONG $ETH /USDT: price is expected to RISE
Bias: LONG · Moderate uptrend
Entry: 2355.00 – 2358.00
TP1: 2370.00 (+0.5%)
TP2: 2385.00 (+1.1%)
TP3: 2395.00 (+1.6%)
SL: 2321.00 (-1.5%)
Plan: enter only within the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to the entry price after TP1.
Note: moderate conviction; movement correlated with BTC.
Why LONG?
• Sustained bounce from the 2321 low with consecutive bullish candles
• Price recovers previous levels and remains above the support zone
• Higher highs and higher lows structure remains intact on the 1h timeframe
My read on $ETH today
is that it is advancing in an orderly way, without extreme volatility. As long as it stays above 2340, the bias is bullish toward 2385–2395. Losing 2330 would weaken the structure; a close above 2391 would reinforce the uptrend.#ETH