$ETH (USDT)

Timeframe: 1H Entry / 1M Context
Bias: LONG
Structure: Sharp dip recovery + Monthly support defense

Entry:
2050 – 2090

Targets:
1️⃣ 2180
2️⃣ 2300
3️⃣ 2500
4️⃣ 3500 (HTF expansion target)

Invalidation:
Daily close below 1980
(Strong monthly acceptance below → bullish thesis weakens)

Leverage: Aggressive intraday / Moderate swing

🔮 Market Read:

ETH is reacting from a major monthly support region. The recent sharp dip failed to secure continuation lower, and price is now reclaiming short-term range highs.

Monthly structure suggests this could be more than a relief bounce if buyers defend this zone.

Above 2300 → momentum strengthens.
Above 2500 → structure shifts.
Sustained expansion opens path toward 3500 liquidity.

Loss of 1980 with acceptance → reclaim fails.

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