๐
$ETH USDC SHORT-TERM RECOVERY LONG (1D)
Pair: ETHUSDC (Perp)
Timeframe: 1D
Current Price: 2003
Market Structure: Sideways Consolidation After Strong Downtrend From 3400
๐ Entry Zone:
1980 โ 2020 (Buy Near Support)
๐ฏ Targets:
TP1: 2120
TP2: 2280 (MA25 Resistance)
TP3: 2450
TP4: 2700 (Major Resistance Zone)
๐ Stop Loss:
1880
๐ Technical Confluence:
โข Strong bounce from 1736 bottom
โข Price stabilizing above 2000 psychological level
โข MA7 attempting bullish crossover
โข Decreasing selling pressure on volume
โข Possible short-term relief rally setup
โ Trade Management:
โข Secure 30% at TP1
โข Move SL to Entry after TP1 hit
โข Heavy resistance near MA25 (2280)
โข Overall higher timeframe still bearish
๐ฅ Hashtags:
#ETHUSDC #Ethereum #CryptoRecovery #BinanceFutures #SwingTrade #ReversalSetup #CryptoTrading
#Altcoin