$ETH is showing classic oversold signals on the daily chart! 📉

Current price hovering around $1,930 after a sharp drop, with RSI(6) at 25.78 and RSI(14) at 28.16 — deeply oversold territory. Stochastic oscillator also sitting low (K:35.34, D:32.61), hinting at potential exhaustion in sellers.

Price has bounced off the lower Bollinger Band near $1,736–$1,893 zone and is testing support around $1,930. 24h low was $1,893.77, high $2,000.90 — we're at the bottom of this pullback after breaking down from higher levels.

Bullish reversal setup forming? This looks like a high-probability long entry for contrarian traders eyeing a bounce back toward the middle Bollinger Band (~$2,388) or even higher if momentum flips.

Trade idea (LONG $ETH /USDT Perpetual):

Entry: around current levels ~$1,930–$1,940

Take Profit: $2,200 (first target, +14%) → $2,380 (extended, near MB)

Stop Loss: $1,850 (below recent low & support, risk ~4–5%)

Risk management always key — never overleverage! DYOR & trade responsibly.

ETH ready for rebound? Grab the dip before the next leg up! 🚀

Buy / Long $ETH / $USDT Now! Follow & turn 🔔 on ✅ for more setups!

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