$ETH /USDT — I’m Watching This Rebound Carefully 👀
I’m looking at ETH around 2,613.88, where price is trying to recover after dipping toward the visible 2,611.85 area. The key thing for me is that price is still sitting slightly below the visible MA60 at 2,614.19, so I’m not treating this as a confirmed reversal yet.
The immediate area I’m watching is 2,613.88–2,614.19. If ETH can reclaim and hold above the MA60, I’d like to see a push toward the next visible levels.
📍 Entry: 2,613.88–2,614.19
🎯 TP1: 2,617.82
🎯 TP2: 2,620.80
🎯 TP3: 2,623.77
🛑 Invalidation: 2,611.85
The setup is still conditional because the chart shows a recent downward move, while the latest price action is only beginning to bounce from the 2,611.85 area. Volume is also visible, but I’d want the price reaction to confirm the move rather than chase it.
If price loses 2,611.85, I’d step away from this setup because that would remove the visible short-term bounce structure.
For me, confirmation above 2,614.19 matters more than forcing an entry here.
I’m looking at ETH around 2,613.88, where price is trying to recover after dipping toward the visible 2,611.85 area. The key thing for me is that price is still sitting slightly below the visible MA60 at 2,614.19, so I’m not treating this as a confirmed reversal yet.
The immediate area I’m watching is 2,613.88–2,614.19. If ETH can reclaim and hold above the MA60, I’d like to see a push toward the next visible levels.
📍 Entry: 2,613.88–2,614.19
🎯 TP1: 2,617.82
🎯 TP2: 2,620.80
🎯 TP3: 2,623.77
🛑 Invalidation: 2,611.85
The setup is still conditional because the chart shows a recent downward move, while the latest price action is only beginning to bounce from the 2,611.85 area. Volume is also visible, but I’d want the price reaction to confirm the move rather than chase it.
If price loses 2,611.85, I’d step away from this setup because that would remove the visible short-term bounce structure.
For me, confirmation above 2,614.19 matters more than forcing an entry here.