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【$ETH Signal】False Breakdown Confirmed, Bullish Counterattack Imminent
$ETH price cascaded through the 2300 key support level (phenomenon), but accompanied by massive trading volume (4H candle with extreme volume), the 1H timeframe rapidly rebounded on declining volume, with buy-side ratio recovering from 0.46 to 0.70, indicating panic selling has been absorbed and bearish momentum is exhausted (capital verification). In a negative funding rate environment, price rejected deeper declines, this is a typical short squeeze structure, false breakdown trap activated (conclusion).
🎯 Direction: Long
⚡ Entry: 2208 - 2215
🛑 Stop Loss: 2130
🚀 Target: 2435 / 2557
🛡 📊 Strategy: Reduce position by half at target 1, move remaining position to breakeven, target higher levels.
View live market data 👇 $ETH
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