Ethereum is trading at a critical technical junction. Price action is maintaining higher-timeframe structure, but a liquidity sweep into key support is needed before the next expansion move.
⢠Trendline Support (TL): The 4H ascending trendline continues to act as the primary structural floor. As long as ETH holds above this sloping support, the bias remains bullish.
⢠Pullback & Demand Zone: Watching for a potential dip into the $2,380 â $2,420 demand block. A sweep of local sell-side liquidity into this level offers an optimal risk-to-reward re-entry for longs.
⢠Resistance & Targets: Immediate supply sits at $2,550. A clean breakout and daily close above this level clears the path toward the main liquidity pool at $2,680+.
⢠Invalidation: A decisive close below the HTF trendline and support at $2,350 invalidates the short-term bullish structure and opens the door for deeper consolidation.
Wait for price to react at key levels before taking action. Avoid entering in the middle of the range.
