Ethereum
Long

ETH/USD Bullish Reversal Zone – Triple Support Bounce Setup

143
ETH/USD is testing a key demand zone around the $1,600–$1,550 region, with a potential triple bottom forming. If the price holds this support and confirms bullish structure, a reversal toward $1,700 and beyond could follow.

Trade Setup (Long):

Entry Zone (Buy): $1,570 – $1,600

Stop Loss: Below $1,540 (structure invalidation)

Target 1: $1,700 (resistance flip zone)

Target 2: $1,840

Target 3: $1,940+ (full recovery potential)

Bias: Bullish reversal

Timeframe: 1H (short-term opportunity with potential for mid-term swing)


Technical Factors:

Strong multi-tap support zone

Bullish rejection wicks and signs of accumulation

Clean upside imbalance zones highlighted


Disclaimer:
Trade setups are for educational purposes. Use stop loss, confirm entry with price action, and manage your risk.

Disclaimer

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