🚨 TRADE SIGNAL – ETH/USDT ANALYSIS 🚨
Coin: Ethereum (ETH)
Current Price: $2,089
Market Situation Right Now
The chart clearly shows that ETH has been in a strong downtrend for weeks. Price dropped sharply from above $3,400 all the way down to the major support zone around $1,747.
From that low, we can see a solid bounce and some recovery candles forming. This tells us selling pressure is slowing and buyers are starting to step in.
Technical View
Strong rejection from the $1,747 support level
Daily candles trying to stabilize above $2,050
Stochastic indicator turning upward
Market attempting to form a short-term bottom
Right now ETH is in a recovery phase, not yet fully bullish, but no longer in panic mode either.
Trading Plan
Bias: Cautiously Bullish
Entry Zone: $2,060 – $2,100
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