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$ETH - STRONG PULLBACK, TIME TO WATCH CLOSELY ๐ฅ
The price is currently at $2,289.77 after a strong push up to $2,345.47. Weโre seeing some clear support at $2,256.64, which acted as a bottom before the recent rise. The support range here looks solid, but the market is consolidating near that level, giving us a potential opportunity to catch the next move.
Trade Setup:
Entry Range: $2,289.50 - $2,292.00
Stop Loss: $2,256.00
TP1: $2,317.00
TP2: $2,345.00
TP3: $2,360.00
Market Insight: Ethereum is consolidating right now but holding above key support levels. The recent high at $2,345.47 might be tough to break, but if it clears, we could see momentum pick up towards higher targets. Watch out for any retests of support at $2,256.64โif that level holds, we're set for a move higher. Keep an eye on momentum; if it reverses below $2,256.00, reassess for further downside.
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