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ETH is showing a clean recovery structure across 1D, 4H & lower TFs, and this is where smart money starts watching closely.
What the chart is telling us ๐
โข Strong bounce from $1,938 bottom โ trend shift confirmed
โข Price reclaimed MA25 & MA99 on 4H โ bullish control slowly returning
โข On lower TF, momentum push already happened (impulse leg formed)
โข Now slight pullback โ healthy, not weakness
This is a classic break โ retest โ continuation setup. ๐ก
Bullish Scenario:
๐ Hold above $2,120 โ $2,100 zone
โ Buyers stay in control
โ Next move targets:
โข $2,200
โข $2,280
โข $2,350+
If momentum continues, this becomes a trend continuation rally.