There’s a difference between a weak bounce… and a dip that refuses to break.

$ETH pulled back into 1930–1950 and sellers tried to press it.

But notice what happened — no cascade, no acceleration lower. Just absorption.

Each push down is getting met with bids.

Each rebound is traveling a little cleaner.

That’s not distribution — that’s stabilization.

When downside momentum fades while structure holds, it usually means positioning is happening quietly.

🔥 Long $ETH

Entry: 1930 – 1990

SL: 1840

TP1: 2050

TP2: 2140

TP3: 2245

This is a structure play, not a hope trade.

As long as 1840 stays intact, this reads like a corrective reset inside a broader recovery attempt.

Let demand prove itself — then let the trade work.

Trade $ETH here 👇

ETHUSDT

Perp

1,983.42

+1.25%