【$ETH Signal】Bullish + Healthy Pullback

$ETH Price decline accompanied by high open interest presents a typical bullish leverage clearing pattern, rather than a main force distribution. This is a healthy reset before a breakout.

🎯 Direction: Long

🎯 Entry: 2950 - 2970

🛑 Stop Loss: 2880 ( Rigid Stop Loss )

🚀 Target 1: 3050

🚀 Target 2: 3150

$ETH Price compression above the key support zone, a decline in price under high open interest signals the market clearing weak longs. The chart shows exhausted selling pressure, with buying absorbing sell-offs on the lower time frame (LTF). As long as the 2880 support is not effectively broken, this clearing phase paves a cleaner path for subsequent upward movement.

Trade here 👇 $ETH

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