𝐁𝐑𝐄𝐀𝐊𝐈𝐍𝐆: $ETH 𝐋𝐎𝐍𝐆 𝐒𝐄𝐓𝐔𝐏 𝐋𝐎𝐀𝐃𝐄𝐃 🚀



🔶 Ethereum is showing signs of strength after successfully retesting a major confluence zone around the psychological $2,000 level.

🔶 The setup is built around a clean retest of the Daily Open (DO), Previous Week Low (PWL), and the key $2K support area.

🔶 Historically, when multiple support levels align in the same region, they often create a strong reaction zone for buyers.

🔶 Price has already swept liquidity below support and is attempting to reclaim lost ground, suggesting that sellers may be losing momentum.

🔶 If bulls maintain control above $2,000, the next objective becomes the higher liquidity clusters sitting above current price.

🔶 Market structure remains favorable for a continuation move as long as support remains intact.

📊 𝐓𝐫𝐚𝐝𝐞 𝐒𝐞𝐭𝐮𝐩

🔹 Asset: $ETH
🔹 Direction: LONG 📈
🔹 Entry: $2,010
🔹 Stop Loss: $2,003
🔹 Take Profit: $2,185
🔹 Risk/Reward: 25R

🎯 𝐊𝐞𝐲 𝐋𝐞𝐯𝐞𝐥𝐬

🔸 Immediate Support: $2,000 - $2,010
🔸 Invalidation: Below $2,003
🔸 Major Target: $2,185
🔸 Psychological Level: $2,200

⚠️ A successful hold above $2K could trigger a powerful recovery rally, especially if Bitcoin continues stabilizing and risk appetite returns across the crypto market.

#USIranNegotiationGame $ETH ‌
ETH0.35%
BTC0.06%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • 2
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned