🚀 $ETH consolidating at key support — rebound setup forming.

ETH bottomed around 1,893 and has since stabilized above short-term EMAs. Price is compressing near support instead of breaking down, which tells me sellers are losing momentum.

RSI is holding above 50, signaling demand is returning. That shift from oversold pressure to constructive consolidation often precedes recovery moves. Structure is attempting to form a higher low.

I’m positioning for a rebound toward the 2,150 resistance zone if support continues to hold.

LONG: $ETH

Entry Zone

1,975 – 2,015

Stop Loss

1,930

Target Points

🎯 TP1: 2,055

🎯 TP2: 2,100

🎯 TP3: 2,150

Why this setup works

• Strong reaction from 1,893 bottom

• Price holding above short-term EMAs

• RSI above 50 confirms returning demand

• Clear invalidation below 1,930

• Defined upside liquidity toward 2,150

I’m entering within consolidation, not chasing breakout candles. If support remains intact and momentum builds, the move toward 2,100–2,150 becomes structurally aligned.

Defined risk. Clear targets. I’m trading the shift from compression to expansion.

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