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📈 Quick Update on ETH – Uptrend Structure Still Maintained
ETH continues to demonstrate strength by once again successfully defending a key support zone and clearly bouncing from the recent low. Buying pressure appears decisive, indicating that market sentiment is gradually shifting back in favor of the bulls. Momentum is being rebuilt, and the price currently remains stable above the recovery zone, reflecting a positive technical structure.
In this context, the bullish continuation scenario remains favored if ETH maintains its current support level.
→ Reasonable entry zone: 3,050 – 3,100
This area can be considered for opening positions with a good risk/reward ratio when the price experiences a slight correction.
🎯 Expected target levels:
• Target 1: 3,150
• Target 2: 3,220
• Target 3: 3,300
• Target 4: 3,420
⛔ Stop-loss: 2,970
Breaking below this zone would weaken the short-term bullish structure.
• Spot strategy: Consider partial investments as the price approaches strong support zones. The current area is suitable for swing trading and medium-term holding.
📊 Overall, ETH’s uptrend remains valid as long as the price stays above the critical support zone. Patience, strict capital management, and avoiding FOMO during market volatility are essential.