$ETH is showing signs of a potential short-term recovery after reacting strongly from the $2,420–$2,430 support zone following the recent sharp sell-off. Buyers have started reclaiming the $2,440 level, suggesting that bullish momentum could gradually return if this support holds.
📈 Trade Setup:
🔹 Entry: $2,440 – $2,450
🎯 TP1: $2,455
🎯 TP2: $2,468
🎯 TP3: $2,480
🛑 Stop Loss: $2,415
The key level to watch is $2,440. A sustained hold above this area could keep the recovery scenario active and potentially push $ETH toward the nearby resistance levels.
If buyers maintain control, $2,480 remains the key third target for this setup. However, traders should remain cautious, as a break below the support zone could invalidate the bullish recovery idea.
📌 Risk management is essential. Crypto markets are highly volatile, so always do your own research before entering any trade.