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【$ETH Signal】Long — Healthy Pullback for Accumulation
$ETH After a volume-driven decline, a potential bullish absorption pattern is forming at a critical support zone. Combined with position volume analysis, this appears more like a healthy reset and cleansing of long positions rather than a main force distribution.
🎯 Direction: Long (Long)
🎯 Entry: 2850 - 2875
🛑 Stop Loss: 2790 (Rigid Stop Loss)
🚀 Target 1: 2950
🚀 Target 2: 3020
Price declines accompanied by high trading volume, but no continuous large bearish candles indicating panic selling. The current price is near the previous demand zone, and order book shows sell orders being absorbed in an orderly manner, lacking sustained selling pressure. This structure generally provides liquidity for a subsequent rebound. Hold above the stop loss, and the bullish structure remains intact.
Trade here 👇 $ETH
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