$ETH / USDT
After syncing with BTC’s liquidity grab,
$ETH saw an aggressive drop from the 2,700 supply zone, flushing price straight into the 2,157 demand pocket. Buyers stepped in hard at that level, triggering a strong, impulsive rebound — a clear sign that selling pressure dried up and short-term control shifted back to bulls.
Right now,
$ETH is pausing around 2,330–2,340, building structure through progressively higher lows on the 1H chart. The 2,280–2,300 region remains the critical intraday base. Holding above this zone keeps the recovery scenario alive.
A clean break and hold above 2,380–2,400 would signal growing momentum and unlock continuation toward higher supply levels.
Trade Plan:
• Entry: 2,280 – 2,320
• Target 1: 2,420
• Target 2: 2,550
• Invalidation: 1H close below 2,150
This is a bounce-driven recovery, not a macro trend flip yet. Stay disciplined, secure partial profits on the way up, and keep an eye on BTC’s next move for confirmation.
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