Ethereum $ETH is back above $2,000, reclaiming key support! Is this a buying opportunity, or will we see another leg down? Letâs break it down! đ
đ Market Sentiment:
đ© Bullish Rebound, But Caution Needed
ETH has recovered after briefly dipping below a critical level:
â Shakeout Below $2K â Liquidity grab before potential move up
â SuperGuppy Indicator Tested â Historically signals major dip buy zones
â RSI(14): 60.09 â Momentum remains intact
â *Upper Bollinger Band ($2,020) â Next resistance level
đĄ Key Takeaway?
If $ETH holds above $2,000, the next target is $2,050 - $2,100. But a failure to sustain could lead to a retest of $1,975 - $1,950 before further upside.
đŻ Trading Idea
đ© Bullish Play (Dip Buy Strategy)
đč Buy Zone: $1,975 - $2,000 (Key support zone)
đč Stop-Loss: $1,950 (Below recent lows)
đč Take Profit: $2,050 - $2,100 (Next resistance levels)
đč Risk-Reward Ratio: 1:3
âïž Entry Confirmation:
â«ïž Price holds above $2,000
â«ïž Strong buying volume on dips
â«ïž SuperGuppy confirms uptrend
đ Key Metrics:
đČ Price: $2,006
â H/L: $2,019 | $1,975
đ 1H Change: -0.11%
đ 24H Change: +0.61%
đ 7D Change: +6.43%
â ïž 30D Change: -28.51%
â°ïž ATH: $4,878 (-58.84%)
đ 24H Volume: $6.88B
đ° Market Cap: $242.05B
đĄ Final Thoughts:
$ETH is back above key support, but can it hold? A move above $2,020 could trigger further upside, while failure may lead to another dip before continuation. Watch price action carefully before entering! đą Whatâs your move on $ETH? Buying the dip or waiting? Drop your thoughts below! đ
đȘ§ VOTE NOW!
â«ïž đ LIKE if youâre BUYING THE DIP!
â«ïž đ COMMENT if you think itâs a bull trap!
â«ïž đ SHARE to see what the community thinks!
