Lingrid | ETHUSDT potential Bullish Trade from the Confluence

17 giu

ETHUSDT is retesting a key support area near 2500 following a deep pullback from the 2765 rejection zone, while holding above a multi-week ascending trendline. The recent bounce has not yet invalidated the bullish structure, and the confluence with the downward breakout level adds significance to this zone. A higher low above 2480 could trigger a sharp reversal back toward the 2765 resistance.

📈 Key Levels

• Buy zone: 2475–2520
  
• Sell trigger: breakdown below 2450
  
• Target: 2765
  
• Buy trigger: breakout above 2620
  

💡 Risks

• A breakdown below 2475 would cancel the bullish setup
  
• Lack of volume on bounce attempts may signal weakness
  
• Macro events or BTC drop could drag ETH lower regardless of setup
  

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

18 giu

Trade attivo

On Support Zone - Active Trade!