Liquidity sweeps without downside follow-through usually signal range accumulation rather than true weakness.
Ethereum is compressing tightly beneath the 4-hour moving averages near 1,890. The sharp drop down to 1,853 absorbed sell orders, but bears failed to sustain downward momentum. If price reclaims 1,896, market structure flips bullish toward overhead resistance.
Trade Setup:
Asset: $ETH
Bias: LONG
Entry Zone: 1,865–1,885
SL: 1,840
TP1: 1,915
TP2: 1,940
TP3: 1,980
Are you waiting for a confirmed candle close above 1,896 before entering, or accumulating early alongside BTC andBNB market participants?
$ETH
Ethereum is compressing tightly beneath the 4-hour moving averages near 1,890. The sharp drop down to 1,853 absorbed sell orders, but bears failed to sustain downward momentum. If price reclaims 1,896, market structure flips bullish toward overhead resistance.
Trade Setup:
Asset: $ETH
Bias: LONG
Entry Zone: 1,865–1,885
SL: 1,840
TP1: 1,915
TP2: 1,940
TP3: 1,980
Are you waiting for a confirmed candle close above 1,896 before entering, or accumulating early alongside BTC andBNB market participants?
$ETH