$ETH – Strong Short-Term Correction After High-Level Rejection 🚀
Market activity on shows ETH sliding −5.86%, reflecting profit-taking pressure after testing the $1,980+ resistance zone.
📊 Price Structure & Momentum
24h High: $1,983.13
Current Price: $1,857.85
Price is holding inside the $1,847 – $1,870 demand band.
Selling pressure emerged near $1,960 – $1,990 supply zone.
The move looks like a healthy pullback inside a broader range rather than a structural breakdown.
🎯 Long Setup (Dip Buying Zone)
Entry Zone:
👉 $1,845 – $1,870
Targets:
👉 T1: $1,930
👉 T2: $1,980
👉 T3: $2,050
Stop Loss:
👉 $1,840
🔥 Breakout Confirmation
Bullish continuation becomes stronger if price closes above:
👉 $1,983
Key resistance clusters remain around:
👉 $1,960 – $1,990
📌 Pro Trading Insight
After sharp downward candles, ETH often forms sideways accumulation before the next impulse wave.
Volume expansion on rebound candles is the strongest confirmation signal.
#ETH #CryptoSignals #TradingAlerts 🚀