$ETH /USDT — Possible downside fakeout, rebound setup forming
#Market participants are increasingly viewing the recent drop in ETH/USDT as a potential bear trap. While the higher-timeframe structure still leans negative, lower timeframes are starting to show signs of stabilization and reversal. Price has defended a key demand zone near the 2,000 area, and selling pressure has weakened noticeably. Momentum indicators on the intraday chart are no longer oversold, suggesting room for a fresh directional move if buyers step in with volume support.
Trade Idea: ETH — LONG
Entry Zone: 2012 – 2026
Stop Loss: 1968
Target 1: 2058
Target 2: 2086
Target 3: 2135
Setup Explanation
On the daily chart, ETH is still technically in a corrective phase, but the 4-hour structure is shifting toward recovery. The price has respected a strong support band around 2,000, which previously acted as a reaction zone. On the 15-minute timeframe, RSI is hovering near the mid-range, showing balanced momentum — this often provides a cleaner entry compared to overbought conditions.
Volatility readings indicate that ETH has enough range to move sharply once direction is confirmed. If buyers continue to defend support and push price above the local consolidation area, upside targets become achievable step by step. However, failure to hold the support zone would invalidate the setup, which is why strict risk management is essential.
Market Question:
Is ETH preparing for a short-term recovery against the broader trend, or will this move fade into another temporary bounce?
Trade with confirmation and manage risk accordingly.
