🚀 Ethereum ($ETH ) — Relief Bounce or Bull Trap?


📈 Bounce Play — LONG

Entry Zone: $1,960 – $1,990 🟩
Bullish Confirmation Above: $2,020

🎯 TP1: $2,080
🎯 TP2: $2,150
🎯 TP3: $2,250

Stop Loss: $1,920 🛑

• Price reacting from local demand zone

• Attempting short-term higher low formation

• $2,020 = key resistance flip level

• Reclaim + hold above $2,020 → momentum confirmation

If bulls defend the $1,960–$1,990 area and push through $2,020 with volume, the first expansion zone sits near $2,080.

Continuation above $2,080 increases probability of $2,150, with $2,250 as extended upside if broader market conditions align.


#Ethereum #cryptotrading #RiskManagement #StrategyBTCPurchase

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