$ETH 📊 April 10 Strategy & Analysis

ETH 🌍:
In the short term, it retraced from a high of 2246.15, then dipped to a low of 2156.00 before stabilizing and rebounding; the current price is around 2187.26. On the 15-minute timeframe, the Bollinger Bands are tightening, with the price finding support near the lower band at 2180.73, indicating a slowdown in the short-term downtrend; the MACD green bars continue to shrink, bearish momentum is weakening, and there are signs that trading volume is moderately increasing. Technical signals for a short-term oversold rebound repair are emerging, providing a technical basis for a low-long (buy) setup.
📈 Bullish logic:
The 2150-2160 area is a recent strong support zone. The price has repeatedly stopped falling and rebounded at this level, and the lower Bollinger Band at 2180.73 forms short-term bottom support. If the price breaks above and holds the middle Bollinger Band at 2192.06 with increased volume, the rebound can continue. First, watch the 2200 resistance level; after a breakout, you may then look to the 2220-2230 range.
⚠️ Risk warning:
If the price cannot hold the strong support at 2150 and trading volume continues to shrink, the rebound may fizzle out, so be alert for the market to dip again into the 2100-2080 range.
🎯 Er Bing Strategy (Bullish bias)
• Long entry range: 2160-2170
• First target: 2200
• Second target: 2220
• Stop loss: 2140