$ETH USDT – Heavy correction underway, watching key support for reversal play

Long $ETHUSDT Perp

Entry: 2095–2105

SL: 2075

TP: 2128 (EMA7)

TP: 2150

TP: 2175

ETH is experiencing a strong correction on the 15m chart, dropping from the 2174 peak to a recent low of 2102. The price is currently well below all key moving averages. The RSI(6) is low at 57.7 but is not yet deeply oversold. We are looking for a potential bounce or reversal from the key local support near 2102. If that zone holds, we aim for a recovery. However, given the current bearish momentum, tight risk management is essential.

⚠️ Disclaimer: Not financial advice. Always Do Your Own Research (DYOR).

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ETHUSDT

Perp

1,982.66

-0.56%