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【$ETH Signal】Bounce attempt / Pullback confirmation
$ETH price dropped in a waterfall manner from 2330 to 2163 (phenomenon), but later the 4-hour candlestick closed with a long lower shadow and the buying ratio rebounded to 0.54, indicating that the bearish momentum was exhausted after concentrated release (capital verification). Currently, the price is consolidating with reduced volume within the key support zone of 2180-2210, with selling pressure easing, and a technical rebound demand exists (conclusion).
🎯 Direction: Bounce attempt
⚡ Entry: 2185 - 2195
🛑 Stop Loss: 2136
🚀 Targets: 2405 / 2512
🛡 Strategy: Reduce half of the position at Target 1, and move the trailing stop to breakeven for the remaining position.
View live chart 👇 $ETH
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