$ETH is pulling back after its recent push upward, and this correction is healthy. Moves like this shake out weak long positions and let the market reset before attempting another strong leg. I’m watching this closely because price is dropping toward a key support zone that has reacted well in previous cycles.
Trade Setup:
Entry Zone: $3098 – $3120
Target 1: $3148
Target 2: $3182
Stop Loss: $3085
This zone is strong because it lines up with a previous reaction area where buyers defended multiple times, and it also sits near the 0.5 Fibonacci retracement from the last upward wave. That combination often creates a dependable demand pocket. If this level holds, they’re building strength again, and the next bounce could carry price back toward the recent highs. I’m watching how ETH behaves here because a steady base in this zone usually leads to renewed momentum.
#TrumpTariffs #BinanceAlphaAlert #CryptoRally
ETH
3,129.41
-1.42%