ETH has successfully retested the $3,000 support and is now showing a strong bullish candle on the H2 chart.
Signal Details:
- Pair: ETH/USDT
- Direction: Buy
- Entry: $3,050
- Stop Loss (SL): $2,980
- Take Profit (TP): $3,180
Analysis: The bounce aligns with the 50 EMA on H4, and the stochastic oscillator is emerging from oversold territory. With DeFi market sentiment improving, ETH could target $3,200 in the short term.
Keep an eye on BTCās movement ā a sharp Bitcoin pullback could affect ETH.