$ETH
A failed breakdown could create an opportunity, but $2,555.67 is a reference point—not confirmed support.
Trade Direction: LONG
Entry Zone: $2,550 – $2,565
Stop Loss: $2,520
TP1 → $2,590
TP2 → $2,620
TP3 → $2,655
Why This Setup?
The long liquidation near $2,555.67 highlights an area where downside pressure appeared. Buyers need to defend this zone and push ETH back above $2,565. If price keeps slipping below support, the rebound thesis weakens quickly.
Invalidation: Exit the bullish idea if ETH breaks below $2,520.
⌖ Wait for a clean reclaim; don't catch a falling candle.
A failed breakdown could create an opportunity, but $2,555.67 is a reference point—not confirmed support.
Trade Direction: LONG
Entry Zone: $2,550 – $2,565
Stop Loss: $2,520
TP1 → $2,590
TP2 → $2,620
TP3 → $2,655
Why This Setup?
The long liquidation near $2,555.67 highlights an area where downside pressure appeared. Buyers need to defend this zone and push ETH back above $2,565. If price keeps slipping below support, the rebound thesis weakens quickly.
Invalidation: Exit the bullish idea if ETH breaks below $2,520.
⌖ Wait for a clean reclaim; don't catch a falling candle.