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ETH rounds out a bottom — reclaim eyes 1,800+

ETH spent late June carving a rounding bottom off the 1,540-1,575 base, and buyers have now dragged it back to ~1,758 in a clean recovery. I want the pullback, not the chase: a dip into 1,700-1,725 (the breakout shelf) is the spot, with a stop tucked under the base. Why I like it: - Rounded base +

ETH rounds out a bottom — reclaim eyes 1,800+

Ethereum / TetherUSBINANCE:ETHUSDT

ETH spent late June carving a rounding bottom off the 1,540-1,575 base, and buyers have now dragged it back to ~1,758 in a clean recovery.

I want the pullback, not the chase: a dip into 1,700-1,725 (the breakout shelf) is the spot, with a stop tucked under the base.

Why I like it:
- Rounded base + higher lows = sellers exhausted, buyers in control
- Reclaimed 1,700 on strong volume; that shelf now flips to support
- ETH is outrunning BTC on this bounce — relative strength
- Soft US jobs data revived Fed-cut bets, lifting risk into July

The plan:
Entry 1,700-1,725 (on the pullback)
Stop 1,662 — below the base and last swing low
TP1 1,800 (+5%)
TP2 1,865 (+9%)
TP3 1,920 (+12%)
Invalid on a 4H close back under 1,680.

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Not financial advice — manage your risk.

Sumber: Tradingview ID

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