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Ethereum ($ETH) – Mean Reversion Long
Ethereum is currently undervalued relative to Bitcoin, trading near a multi-month support floor.
Entry: $2,150 – $2,200 (Current accumulation zone)
TP1: $2,500 (50-day SMA)
TP2: $2,800 (Major breakdown origin)
SL: $1,980
Analysis: $ETH is holding above the critical $2,000 psychological level. While the daily trend is bearish, the 4H chart shows a "Bullish Divergence" on the MACD, indicating selling pressure is exhausting
$ETH #GateSquare$50KRedPacketGiveaway