⚡ $ETH — Clean Pullback Into Demand Zone After Sharp Rejection
$ETH rejected from 3,171 and has retraced back into a key 1H demand zone around 3,100 – 3,115.
Price is currently stabilizing with decreasing sell-volume, indicating a potential bullish reaction if this support holds.
Despite the drop, the structure remains intact as long as ETH stays above the 3,090 base.
Entry Zone (Long): 3,102 – 3,115
Bullish Above: 3,090
Targets:
TP1: 3,138
TP2: 3,158
TP3: 3,175
Stop-Loss: 3,078
A strong defense of this demand zone can trigger a relief bounce back toward the breakdown levels. Trade with discipline — volatility is elevated after the rejection wick.
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ETHUSDT
Διην.
3,132.92
+0.08%