$ETH made a heavy liquidation wick to $1747 demand zone and bounced strongly.
RSI oversold + volume spike = short term recovery, not full trend reversal yet.
Key Levels
• Support: $1740 – $1820
• Local Support: $1950
• Resistance: $2140 – $2220
• Major Resistance: $2450
Trading Plan
Long Setup
• Entry: $1850 – $1980
• TP1: $2140
• TP2: $2220
• TP3: $2450
• SL: Below $1740
Short Setup
• Entry: $2220 rejection
• TP: $2000 → $1850
• SL: Above $2300
Outlook:
Relief rally inside bearish structure.
Bullish only after reclaim of $2450.
⚠️ Trade small size — market still in recovery phase.
ETH
1,919.86
-1.38%