Momentum is quietly rebuilding on $ETH as buyers keep stepping in on every dip toward 2,400.
The 1h candle just closed back above 2,410 after a deep wick under 2,375, which tells me sellers failed to hold control.
EP
2,402 - 2,416
TP
2,426
2,446
2,470
SL
2,368
That long lower wick near 2,372 was a clear stop-hunt, and the instant rejection shows bids waiting underneath. Since then price has carved out a base around 2,400 and is now lifting out of it with a strong green push. First hurdle is 2,426, where resting offers likely sit. A clean break there puts the 2,446 high in play, and a close below 2,375 would flip the bias.
Are you eyeing a retest of 2,446 or do you expect another dip first? Drop your target in the comments.
Let's go $ETH
The 1h candle just closed back above 2,410 after a deep wick under 2,375, which tells me sellers failed to hold control.
EP
2,402 - 2,416
TP
2,426
2,446
2,470
SL
2,368
That long lower wick near 2,372 was a clear stop-hunt, and the instant rejection shows bids waiting underneath. Since then price has carved out a base around 2,400 and is now lifting out of it with a strong green push. First hurdle is 2,426, where resting offers likely sit. A clean break there puts the 2,446 high in play, and a close below 2,375 would flip the bias.
Are you eyeing a retest of 2,446 or do you expect another dip first? Drop your target in the comments.
Let's go $ETH