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#AprilCPIComesInHotterAt3.8%
$ETH Just touched the fear zone around $2205... Buyers responded immediately. 👀
After strong selling pressure, Ethereum began to stabilize while the weak keep exiting the market.
The rebound from support shows that the bulls are still heavily defending the larger structure.
This is the point where smart money usually closely monitors the reversal momentum. ⚡️
▫️Entry zone: $2220 – $2235
▫️Stop loss: below $2195
▫️Profit target 1: $2270
▫️Profit target 2: $2323
▫️Profit target 3: $2400+
Volume doubled during the crash, but the price refused to collapse further.
If ETH regains momentum above resistance, the recovery could accelerate quickly and pull the whole market with it. 🚀
#CLARITYActPassesSenateCommittee
#CMEToLaunchNasdaqCryptoIndexFutures
$ETH