This technical chart for ETH/USD (Ethereum) on the 1-hour timeframe shows a potential long setup following a period of consolidation.

​Trade Execution Details
​The setup focuses on a recovery play from a support base. $ETH ‌Entry Zone $1,933.46 The current support level where the price has stabilized.
Stop Loss (SL) $1,833.64 Positioned below the recent swing lows to manage risk.
Target 1 (TP1) $2,018.88 The first major horizontal resistance level.
Target 2 (TP2) $2,160.16 The final target located at the Liquidity Pool (BSL).

Strategic Logic
​Support Base: The price has found significant buying interest near the $1,933 level, forming a base after the recent downtrend.
​Risk Management: The chart indicates a 2% risk for this specific trade. With the Stop Loss at $1,833.64, the trade provides a favorable risk-to-reward ratio, especially targeting TP2.
​Liquidity Objective: The "LIQ POOL (BSL)" (Buy Side Liquidity) highlighted in red near $2,160 suggests that the market is likely to hunt for buy-stop orders sitting above those previous highs.
​Timeframe Context: On this March 8, 2026 chart, the price is currently hovering just above the entry zone at $1,956.48, indicating the trade is active and near its starting point.