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π $ETH LONG Setup β Structured Reclaim Play
Ethereum is showing signs of stabilization after a volatile move, with price action attempting to rebuild structure above a key demand area.
π Entry Zone: 2260 β 2290
π Stop Loss: 2215
π― Take Profit Targets:
TP1: 2350
TP2: 2420
TP3: 2520
π‘ Market Structure Insight:
Holding above the 2250 level is critical here, as it continues to act as a strong demand zone where buyers are actively stepping in. The recent move looks like a fake breakdown followed by absorption, where sell pressure is being gradually absorbed rather than followed through.
π Price Behavior:
Buyers are showing up on dips
Downside momentum is weakening
Structure is attempting a clean reclaim above prior breakdown levels
If momentum sustains and price continues to accept above the 2250β2290 region, the setup favors a continuation toward higher resistance levels, with gradual progression toward each target zone.
π§ Overall, this is a recovery-based long setup, where confirmation comes from sustained acceptance above reclaimed structure rather than a sharp breakout impulse.
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