đ $ETH /USDT BOUNCING BACK STRONG â BULLISH REVERSAL IN PLAY! đ
Ethereum just surged +6.07% to $2,053.58 (marked at ~$2,054), shaking off recent weakness with solid momentum! After a sharp downtrend from highs near $3,403, price has found strong support around the lower Bollinger Band (~$1,576â$1,736 zone) and is now pushing higher with green candles dominating.
Key signals flashing bullish:
Strong rebound off daily lows (~$1,908)
Stochastic showing upward crossover (K 48.45 â rising, J 69.13 heating up)
RSI(14) climbing from oversold levels at ~34.76 toward neutral â room to run!
Volume picking up on the bounce
This looks like a classic reversal setup after heavy selling pressure. Momentum traders, this is your moment!
TRADE IDEA (LONG) â FORECAST ALERT
Buy $ETH /USDT now around $2,053â$2,060
Take Profit 1: $2,150 (+~4.7%)
Take Profit 2: $2,250 (+~9.5%)
Stop Loss: $1,950 (below recent swing low & daily support â risk ~5%)
Risk-reward looking juicy â don't miss this potential leg up! Ethereum could target higher if it breaks $2,100 resistance next.
Trade smart, manage risk, and let's ride this wave! đȘđ
What do you think â longing ETH here or waiting for more confirmation? Drop your thoughts below! đ
#Ethereum #ETH #ETHUSDT #CryptoTrading #Binance #Altcoins #Bullish #Crypto