ETHUSD | Watching Demand Zone for Potential Rebound
After a strong downside move, ETH is approaching a key demand zone around $2,370-$2,380, an area that previously attracted buyers and may provide support once again.
The current idea is based on a potential bullish reaction from this support region. Price is deeply retraced into the lower boundary while the broader structure still allows room for a recovery toward nearby resistance levels.
🎯 Bullish Targets
✅ Target 1: $2,440
✅ Target 2: $2,500
✅ Target 3: $2,540
As always, I prefer waiting for confirmation and observing price behavior inside the demand zone before considering any bullish continuation scenario.
Note: This is a chart idea and market observation, not financial advice.$ETH
#ETH🔥🔥🔥🔥🔥🔥 #Ethereum
After a strong downside move, ETH is approaching a key demand zone around $2,370-$2,380, an area that previously attracted buyers and may provide support once again.
The current idea is based on a potential bullish reaction from this support region. Price is deeply retraced into the lower boundary while the broader structure still allows room for a recovery toward nearby resistance levels.
🎯 Bullish Targets
✅ Target 1: $2,440
✅ Target 2: $2,500
✅ Target 3: $2,540
As always, I prefer waiting for confirmation and observing price behavior inside the demand zone before considering any bullish continuation scenario.
Note: This is a chart idea and market observation, not financial advice.$ETH
#ETH🔥🔥🔥🔥🔥🔥 #Ethereum
