THUSDT - Smart Money Is Buying ETH Here, Double Bottom Confirmed

145
ETHEREUM has formed a clean double bottom around the $1,520 region and has now broken out of the descending resistance with a strong +5.5% daily candle. Price has reclaimed the key demand zone at $1,840 and is heading straight toward the psychological $2,000 barrier. What makes this setup strong is that price is now trading above the EMA 50, a solid momentum confirmation. The breakout came with conviction, and this is exactly the kind of structure swing traders wait for after a capitulation flush

This time ETH is showing real strength compared to Bitcoin, bouncing harder and reclaiming levels faster. When ETHUSDT leads like this, it often signals the start of a broader altcoin rotation. A great opportunity to accumulate more

Always keep your stop loss. Manage your risk and never over-leverage.

Buy level : $1800-$1880

Stop loss : Below $1600

Target 1: $2000



Target 2: $2600

Target 3: $3350


Max leverage 3x

Always keep stop loss

Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.