🚀 $ETH LONG SETUP 🍏

📍 Entry Zone: $1,991.48 – $1,966.28

🎯 Targets: $2,028.98 | $2,057.48 | $2,108.88

🛡️ Stop Loss: $1,924.48

ETH is currently testing a significant psychological and horizontal support level around $1,991. After a sharp correction from the $2,200 local peak, the price is starting to stabilize near the recent swing low of $1,966. While still below the 4H moving averages, the volume is beginning to settle, suggesting that the immediate selling pressure might be exhausting. These targets are set to capture a relief bounce as the market attempts to retest the MA(7) and MA(25) resistance zones.

Are you entering on this support touch or waiting for a 4H candle to close back above $2,002 to confirm the reversal? 🍏

ETHUSDT

Perp

2,005

-0.86%