$ETH — Bounce from $2,000 zone showing strength. Buyers stepping in with absorption, momentum shifting bullish.


Long $ETH
Entry: 2,100 – 2,120
SL: 2,050
TP1: 2,200
TP2: 2,300
TP3: 2,500


ETH held firm around the key $2,070–$2,000 support cluster after the recent pullback — bids came in aggressively, rejecting lower levels with quick reclamation. This looks like solid absorption rather than true distribution, as downside volume dried up and price recovered above $2,100 with increasing momentum.


As long as we defend above $2,050–$2,070, the structure remains bullish, with the path of least resistance pointing toward the next resistance bands at $2,200+ (prior highs and psychological level). Clean risk-reward here for continuation if the broader market stays supportive.


Trade $ETH here 👇

ETH
ETH
2,037.64
+1.29%