đ $ETH : A POTENTIAL REVERSAL IS TAKING SHAPE
Ethereum remains inside a descending channel, with sellers still controlling the short-term structure.
But price is approaching a key demand zone around $2,160.
Here's the setup I'm watching:
đ» First: ETH sweeps liquidity below the nearby lows.
đ Then: Buyers reclaim the $2,160 zone with a strong reaction.
đŻ Potential target: A move toward $2,400.
The important part is the reclaim. A touch of support alone isn't a reversal signal.
Until buyers step in, the downtrend remains intact.
Watch the reaction. Patience is key.
#ETH
Ethereum remains inside a descending channel, with sellers still controlling the short-term structure.
But price is approaching a key demand zone around $2,160.
Here's the setup I'm watching:
đ» First: ETH sweeps liquidity below the nearby lows.
đ Then: Buyers reclaim the $2,160 zone with a strong reaction.
đŻ Potential target: A move toward $2,400.
The important part is the reclaim. A touch of support alone isn't a reversal signal.
Until buyers step in, the downtrend remains intact.
Watch the reaction. Patience is key.
#ETH
