$ETH Currently in the Strong Buying Zone After the Dip – Opportunity to Catch the Rebound?

After a fairly deep correction, $ETH the market is now oscillating within a zone considered a potential buying area, where buying pressure often appears strong. Prices are showing signs of forming a short-term bottom and beginning to react with a recovery, indicating that the buyers are returning to the market.
📈Trend Analysis
The recent decline can be seen as a “shakeout” of weak positions, helping the market to cleanse itself before forming a new upward wave. If prices hold above the current support zone, there is a high likelihood $ETH of a quick rebound due to accumulated buying pressure below.
The 2300 level is considered a short-term trend confirmation threshold. When prices remain stable above this area, the growth momentum will become clearer.
📊Trade Setup (Long)
⟶ Entry zone: 2200 – 2280
⛔Stop Loss: 2100
🎯Profit Targets
• TP1: 2350
• TP2: 2450
• TP3: 2600
If prices hold above the 2200–2280 zone and break above 2300, the upward momentum could expand quickly. However, if the 2100 level is broken, the short-term structure will be invalidated, and a deeper decline could occur. Overall, the current structure leans toward a recovery scenario, as long as the key support zone continues to be protected.