
Publier
$ETH looking bullish for a relief recovery after one of the strongest sell-offs we've seen recently.
I'm watching this zone closely because price has fallen from $2,046 to $1,547, creating a high-probability support area where buyers are finally showing a reaction.
Why this move is possible:
1. Price has already experienced a massive correction from the recent high.
2. The $1,547 support zone attracted immediate buying pressure.
3. Panic selling often creates oversold conditions.
4. Risk-to-reward becomes attractive near support.
5. A recovery toward previous resistance levels is possible if buyers defend this area.
Trade Setup
Entry Zone: $1,580 - $1,630
Stop Loss: $1,510
Targets
Target 1: $1,700
Target 2: $1,780
Target 3: $1,850
Target 4: $1,960
Target 5: $2,050
Trade Plan
Accumulate inside the entry zone.
Keep stop loss below major support.
Take partial profits at every target.
Hold remaining position for higher targets if momentum continues.
How it's possible
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