⚡ $ETH — Oversold Bounce Zone After Sharp Decline
ETH dropped from 3,308.86 and has now reached a key intraday demand zone around 3,125 – 3,150, where buyers have finally shown a reaction. The last candles are forming a small stabilization base, indicating that selling pressure is slowing down.
Price is attempting to reclaim the short-term MA cluster. If ETH holds above 3,140, momentum can begin to recover from this oversold zone.
Volume is still low, but any pickup in buying can trigger a relief move toward upper resistance levels.
Trade Setup (LONG)
Entry Zone: 3,135 – 3,155
Stop-Loss: 3,105
Targets 🎯: 3,185 → 3,225 → 3,265
ETH needs a clean break above 3,160 to confirm momentum shift. As long as the base at 3,125 holds, a corrective bounce remains likely.
Trade with discipline — weak markets often give strong relief rallies.
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