I’m watching $ETH /USDT around 2,393.48, and the chart is showing a sharp rebound from the 2,387.37 area. Price is now back above the visible MA60 at 2,390.40, which is the key level I’m watching for short-term strength.
For me, the setup becomes more attractive if ETH holds above 2,390.40 and continues pushing toward the recent visible high around 2,393.78. The main issue is that price is already sitting close to that high, so I wouldn’t want to chase a move without confirmation.
📍 Entry: 2,390.40–2,393.48
🎯 TP1: 2,393.78
🛑 Invalidation: 2,387.37
If price loses 2,390.40, I’d become cautious because ETH would be slipping back below the visible MA60. A break beneath 2,387.37 would invalidate this short-term bullish idea from my perspective.
The volume shown is mixed, so I’m not treating the current move as a confirmed breakout yet. I’m watching how price reacts around 2,390.40–2,393.78 rather than forcing an entry.
Confirmation matters more than chasing the move.
For me, the setup becomes more attractive if ETH holds above 2,390.40 and continues pushing toward the recent visible high around 2,393.78. The main issue is that price is already sitting close to that high, so I wouldn’t want to chase a move without confirmation.
📍 Entry: 2,390.40–2,393.48
🎯 TP1: 2,393.78
🛑 Invalidation: 2,387.37
If price loses 2,390.40, I’d become cautious because ETH would be slipping back below the visible MA60. A break beneath 2,387.37 would invalidate this short-term bullish idea from my perspective.
The volume shown is mixed, so I’m not treating the current move as a confirmed breakout yet. I’m watching how price reacts around 2,390.40–2,393.78 rather than forcing an entry.
Confirmation matters more than chasing the move.