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【$ETH Signal】Bullish + Healthy Pullback for Accumulation
$ETH After a volume-driven surge, the price is undergoing a healthy pullback. The price decline accompanied by stable open interest indicates a rebalancing of long positions rather than a major distribution by the main players.
🎯 Direction: Long
🎯 Entry: 2920 - 2940
🛑 Stop Loss: 2870 ( Rigid Stop Loss )
🚀 Target 1: 3020
🚀 Target 2: 3120
$ETH The price is consolidating tightly above a key support zone. Volume has increased but without panic selling, indicating that buyers are absorbing short-term profit-taking in the lower timeframes. Open interest has not decreased significantly, ruling out the possibility of a large-scale liquidation. The current pullback structure is corrective; as long as the 2870-2900 demand zone remains intact, breaking above the previous high is the more probable path.
Trade here 👇 $ETH
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