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$ETH (1h) - Bearish Bounce / Countertrend Long
Bias: Long
Entry (Zone): 1728 - 1740
Targets:
TP1: 1768
TP2: 1792
TP3: 1820
Stop Loss: 1698
Why this Setup:
I’m looking for a countertrend bounce after the sharp selloff into the low 1730s. Price is pressing into a likely short-term support area, and if buyers can reclaim the 1740 zone, I expect a squeeze toward the next intraday resistance levels.