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#GateSquareAprilPostingChallenge Ethereum ($ETH ) has shown strong recovery, moving from a low near 2060 to a high around 2273, with current price close to 2250. This indicates significant buying strength and volume, supporting the idea of a genuine trend shift rather than just a temporary bounce.
2. Trade Setup
Entry range: $2,200 – $2,240
Stop Loss: $2,100
Targets: $2,340 → $2,420 → $2,550
The resistance at $2,300 appears weak, and a clean 4-hour close above this level could fuel further upward movement. The structure is holding, and demand absorption is evident after the recent flush.
The plan is to ride the momentum, scale profits at target levels, and protect downside with a stop loss. The setup emphasizes trading smart by monitoring volume, price structure, and scaling out as targets are reached.