My read, straight up: ETH bottomed, printed a bullish RSI divergence, and took back the level that used to stop every rally. I'm long. Entry near $1,850, stop under $1,516, target $2,386.

What I see
ETH sold off hard and made its low near $1,516. But look at the RSI: while price made a lower low, momentum made a higher low. That gap is a bullish divergence — sellers were running out of power even as price kept dropping. Since then, ETH pushed back above $1,850 and is now holding around $1,915. The level that was a ceiling is now a floor.

Why it matters
This is simple. When a key level flips from resistance to support, and momentum is already turning up under it, the odds favor the buyers. I'm not guessing a bottom — the chart already showed me the turn. My job now is to trade with it, not against it.

The plan

• Direction: Long
  
• Entry: ~$1,850 on a pullback (best), or here around $1,915
  
• Stop loss: $1,516
  
• Target: $2,386
  
• Risk / Reward: about 1.6 to 1 from $1,850
  

Where I'm wrong
If ETH closes back below $1,516, the trade is dead. The low failed, the divergence failed, I'm out. If price loses $1,850 and can't climb back over it within a day or two, I step aside and wait. No ego. The stop is the stop.

What I'm watching

• Hold above $1,915 → the road opens to $2,000, then $2,200, then $2,386.
  
• RSI staying above its signal line (around 56) keeps the momentum on my side.
  
• Rising volume on any push through $2,000 tells me it's real, not just a bounce.
  

That's the whole idea. Clear level, clear trigger, clear invalidation. Trade your own plan and your own size.

This is my chart read, not financial advice.


#ETH #Ethereum #ETHUSD #Crypto #RSIDivergence #TechnicalAnalysis #CryptoTrading #Altcoins