$ETH Recovery After Sharp Drop – Buyers Are Coming Back

After a deep correction, $ETH shows signs of recovery as buying pressure begins to reappear around a key support zone. The short-term price structure is gradually stabilizing, indicating the potential formation of a technical rebound if momentum continues.
Currently, the price is reacting positively in the 2240 – 2270 zone, which is considered a possible long position area when the market confirms clearer buying interest.
📌 Trading Plan (Long)
⟶ Entry zone: 2240 – 2270
⛔ Stop Loss: 2180
• Take Profit 1: 2320
• Take Profit 2: 2380
• Take Profit 3: 2450
If the price stays above the support zone and continues to form higher lows, the potential to extend the upward move toward the target levels above is entirely possible. Conversely, if it breaks below 2180, the short-term recovery structure will be invalidated.
⚠️ Note: Manage capital carefully and do not enter trades with more than the allowed volume, especially during periods of high market volatility.
⟶ This is a short-term trading scenario based on current price action – always wait for confirmation before participating in the market.