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【$ETH Signal】Bullish — Healthy Pullback and Recharge
$ETH Price declines but with high open interest, combined with market logic, this suggests a healthy reset of long leverage rather than main force distribution. The market shows selling pressure being absorbed in key zones.
🎯 Direction: Long
🎯 Entry: 2920 - 2940
🛑 Stop Loss: 2875 ( Rigid Stop Loss )
🚀 Target 1: 3020
🚀 Target 2: 3120
$ETH Consolidating above the key demand zone of 2900-2950, the price declines but without panic selling, indicating buyers are absorbing liquidity. Price correction under high open interest is a typical bear trap and long leverage reset, providing a healthier foundation for subsequent upward movement. As long as the previous low support at 2875 remains effective, the upward path will reopen.
Trade here 👇 $ETH
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