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  3. ETH correction complete. I'm looking to re enter long

ETH correction complete. I'm looking to re enter long

Scheduled Pinned Locked Moved Trading
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  • m_c_jacobM Offline
    m_c_jacobM Offline
    m_c_jacob
    wrote last edited by
    #1

    ETHUSD_2025-10-10_16-33-17.png

    As I mentioned in my previous ETH analysis, while my medium-term outlook remains bullish, I was anticipating a short-term correction.
    That’s exactly what unfolded. After retesting the 4750 resistance zone, Ethereum began to retrace, reaching the support area just below 4300 earlier today.
    Currently, the price is rebounding, and there’s a strong probability that the corrective phase has ended.
    I’m now looking to re-enter long, as even a move back to the recent highs could offer a 1:2.5 risk–reward setup — a solid short-term opportunity within the broader bullish structure.

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