Ethereum reacted sharply from a major demand area after tapping the lower invalidation zone and reclaiming short-term structure. 📊
The highlighted blue entry region previously acted as a reaction zone, and price has now produced a strong bullish recovery from lower liquidity levels. If buyers maintain control, the next objective is a revisit of the prior consolidation range, followed by a test of higher resistance levels.
🎯 Targets
✅ Target 1: $2,490 - $2,500
✅ Target 2: $2,515 - $2,525
✅ Target 3: $2,560 - $2,570
❌ Invalidation: Sustained weakness below the highlighted demand/invalid zone around $2,320
The idea is based on liquidity recovery, demand-zone reaction, and a potential rotation back toward the previous trading range. As always, risk management comes first.
This is a market outlook for educational purposes and not financial advice.
