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【$ETH Signal】Bullish Reset
$ETH Price drops but open interest remains high. Combined with market logic, this suggests a healthy shakeout caused by long liquidation rather than main force distribution. The chart shows significant buying absorption during the decline, providing fuel for subsequent upward movement.
🎯 Direction: Long
🎯 Entry: 2940 - 2960
🛑 Stop Loss: 2880 ( Rigid Stop Loss )
🚀 Target 1: 3050
🚀 Target 2: 3150
$ETH Shows strong support near the key psychological level of 2950. The price decline under high open interest is continuously absorbed, indicating the market structure remains solid. Multiple failed attempts to break lower on the LTF show selling pressure is weakening. As long as the price stays above 2900, this pullback can be seen as a healthy reset before the main upward wave, building momentum for breaking previous highs.
Trade here 👇 $ETH
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