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【$ETH Signal】Bullish — Pre-breakout after health reset
$ETH Is cooling down after the rally, with price declining and open interest remaining stable, this looks more like a healthy reset rather than large-scale distribution by the main players.
🎯Direction: Long
🎯Entry: 2950 - 2965
🛑Stop Loss: 2880 (Rigid Stop Loss)
🚀Target 1: 3050
🚀Target 2: 3150
$ETH Maintaining tight consolidation above the key support zone, with no significant drop in open interest during the decline, indicating that bulls have not exited in large numbers. Buying pressure on the lower time frame continues to absorb selling pressure, and the correction appears to be a retracement. As long as the demand zone at 2880-2900 remains intact, an upward breakout is the more probable path.
Trade here 👇 $ETH
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