ETH/USD Long Setup – Bullish Reversal in Play

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ETH/USD Long Setup – Bullish Reversal in PlayEthereum / US DollarCOINBASE:ETHUSDMuhammad-UmarπŸ“… Date: June 7, 2025 ⏱ Timeframe: 30-Minute (COINBASE) πŸ“Š Pair: Ethereum / U.S. Dollar (ETH/USD) πŸ’‘ Trade Idea Summary: Ethereum is showing signs of a bullish reversal after a strong corrective move. Price has formed a potential higher low structure and is preparing for a bullish continuation. πŸ”Ή Entry: $2,454 🎯 Target: $2,600 πŸ›‘οΈ Stop Loss: $2,376 βš–οΈ Risk-Reward Ratio: ~1.9:1 πŸ“ˆ Technical View: Recent downtrend appears exhausted with a clear bounce from the $2,384 zone. Break of lower highs indicates shift in momentum. Expecting a short-term dip to retest the higher low before continuation towards $2,600. Ideal for swing traders or short-term bullish setups. πŸ“Œ Trade Management Tips: Watch for bullish confirmation near $2,454 before full entry. Trail stop if price breaks above $2,520 for risk reduction. Avoid the trade if price closes below $2,376 on the 30m chart. πŸ”” Disclaimer: Not financial advice. Always do your own research and manage risk appropriately.