🚨 $ETH – Critical Price Zone! Will Bulls Recover or Bears Push Lower?
Ethereum is facing strong selling pressure after breaking below its $2,200–$2,240 base.
📉 Current Market Structure
- Previous High: $2,449.95
- Sell-Side Liquidity Sweep: $2,050.32
- Current Imbalance Zone: $2,150–$2,225
- Price remains below both EMAs.
🟡 Key Resistance & Supply
The $2,230–$2,245 zone represents the Order Block formed by the final bullish candles before the major drop.
A rejection from this area could put $2,050.32 back in focus.
🟢 What Could Change the Trend?
A confirmed close above $2,260 could signal a shift in market structure, reclaiming supply and breaking the lower-high sequence.
👀 Two Levels to Watch:
- $2,245 retest first?
- Or another liquidity sweep toward $2,050?
Which scenario do you think comes next?
📩 More market reads like this are shared daily in my group. Find the access link in my bio!
#ETH #Ethereum #altcoinseason #PriceAnalysis #TechnicalAnalysise
Ethereum is facing strong selling pressure after breaking below its $2,200–$2,240 base.
📉 Current Market Structure
- Previous High: $2,449.95
- Sell-Side Liquidity Sweep: $2,050.32
- Current Imbalance Zone: $2,150–$2,225
- Price remains below both EMAs.
🟡 Key Resistance & Supply
The $2,230–$2,245 zone represents the Order Block formed by the final bullish candles before the major drop.
A rejection from this area could put $2,050.32 back in focus.
🟢 What Could Change the Trend?
A confirmed close above $2,260 could signal a shift in market structure, reclaiming supply and breaking the lower-high sequence.
👀 Two Levels to Watch:
- $2,245 retest first?
- Or another liquidity sweep toward $2,050?
Which scenario do you think comes next?
📩 More market reads like this are shared daily in my group. Find the access link in my bio!
#ETH #Ethereum #altcoinseason #PriceAnalysis #TechnicalAnalysise
