🚨 Ethereum’s Critical Retest: Last Chance for Long Positions? 💎
Ethereum ($ETH) is nearing a pivotal moment as it hovers above the $3,060 support zone. A break below this level could lead to a retest at $2,780, offering a final opportunity for trend-following long positions before a potential rebound. 🤔✨
🎯 Key Levels to Watch:
🔵 $3,060 - Current support zone; a decisive level for short-term direction.
🟢 $2,780 - Retest support; potential buy zone for trend-followers.
🔥 $4,050 - Major target post-rebound as bullish momentum builds.
📊 Why It Matters:
1️⃣ Retest Opportunity: $2,780 could act as the last accumulation zone for bulls.
2️⃣ Uptrend Continuation: A bounce here may lead to a rally toward $4,050, aligning with long-term bullish trends.
3️⃣ Market Sentiment: Traders are watching closely for reaction zones to define their next move.
⚡ Strategic Plan:
Watch for a clean retest and bullish confirmation at $2,780 for entries.
Set stop-losses below key support to manage downside risk.
Target $4,050 for profit-taking zones in the next bullish leg.
📢 Don’t miss this key trading opportunity as Ethereum gears up for its next move. The time to strategize is now! 🚀
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