$ETH – Is Ethereum Preparing for a Strong Recovery From Here? 👀
$ETH is showing signs of a possible short-term bounce after facing heavy selling pressure. Price has dropped sharply from the $2,440 region and is now trying to stabilize around $2,240.
I'm watching this zone closely because buyers are attempting to defend the $2,220–$2,235 support area. If this base holds and buying volume returns, we could see a decent recovery toward the higher resistance levels.
LONG SETUP 🟢
Entry Zone: $2,235 – $2,250
Stop Loss: $2,187
TP1: $2,280
TP2: $2,320
TP3: $2,360
Final TP: $2,390
My Take: The first thing I want to see is ETH reclaiming $2,280. That would strengthen the recovery setup. However, losing $2,187 would invalidate this bullish idea, so manage your risk carefully.
Can $ETH surprise the market with a recovery toward $2,390, or are sellers preparing another move down? 🔥
$ETH is showing signs of a possible short-term bounce after facing heavy selling pressure. Price has dropped sharply from the $2,440 region and is now trying to stabilize around $2,240.
I'm watching this zone closely because buyers are attempting to defend the $2,220–$2,235 support area. If this base holds and buying volume returns, we could see a decent recovery toward the higher resistance levels.
LONG SETUP 🟢
Entry Zone: $2,235 – $2,250
Stop Loss: $2,187
TP1: $2,280
TP2: $2,320
TP3: $2,360
Final TP: $2,390
My Take: The first thing I want to see is ETH reclaiming $2,280. That would strengthen the recovery setup. However, losing $2,187 would invalidate this bullish idea, so manage your risk carefully.
Can $ETH surprise the market with a recovery toward $2,390, or are sellers preparing another move down? 🔥
