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$ETH BULLISH RECOVERY SETUP – WATCH THIS KEY RESISTANCE
$ETH is trading around $2,345 after bouncing back from the $2,290–$2,300 support zone. Buyers are trying to regain control, but the 4H chart still shows a broader short-term downtrend.
Entry Range: $2,335–$2,350
Stop Loss: $2,315
Targets:
TP1: $2,375
TP2: $2,420
TP3: $2,465
Trade Analysis:
$ETH is showing signs of recovery after a sharp sell-off. If buyers maintain support above $2,330 and build bullish momentum, price could move toward $2,375 and then $2,420. The major resistance zone sits around $2,465–$2,470, where sellers previously took control.
A strong 4H close above $2,375 would improve the bullish outlook. However, rejection at resistance could trigger another move lower, so confirmation is important before entering.
Invalidation: A breakdown below $2,315 weakens this bullish setup and increases the risk of further downside.
Wait for confirmation and manage risk carefully. These levels are based on the provided chart, not a guaranteed outcome.
$ETH BULLISH RECOVERY SETUP – WATCH THIS KEY RESISTANCE
$ETH is trading around $2,345 after bouncing back from the $2,290–$2,300 support zone. Buyers are trying to regain control, but the 4H chart still shows a broader short-term downtrend.
Entry Range: $2,335–$2,350
Stop Loss: $2,315
Targets:
TP1: $2,375
TP2: $2,420
TP3: $2,465
Trade Analysis:
$ETH is showing signs of recovery after a sharp sell-off. If buyers maintain support above $2,330 and build bullish momentum, price could move toward $2,375 and then $2,420. The major resistance zone sits around $2,465–$2,470, where sellers previously took control.
A strong 4H close above $2,375 would improve the bullish outlook. However, rejection at resistance could trigger another move lower, so confirmation is important before entering.
Invalidation: A breakdown below $2,315 weakens this bullish setup and increases the risk of further downside.
Wait for confirmation and manage risk carefully. These levels are based on the provided chart, not a guaranteed outcome.