🚀 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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