๐ด $ETH BREAKING BELOW CRITICAL SUPPORT โ SHORT BIAS CONFIRMED ๐ฆ
Entry: 1,864.62 โก
Target: 1,760.38 ๐
Stop Loss: 1,908.62 โ ๏ธ
๐ The daily structure just gave way at a key demand zone โ this isn't noise, it's a clean market shift. Volume picked up sharply on the breakdown, and price is now sitting below the 200-period moving average on the 4H, confirming momentum. ๐ฆ Smart money likely swept long liquidity above 1,900 before letting the sells flow, precisely where our stop sits.
๐ The next liquidity pool sits in the 1,760-1,667 range โ a deep inefficiency zone left untouched since March. If this hold as resistance, the path of least resistance remains south. ๐ RSI on the 1H is oversold but still trending lower, no divergence yet. Patience here beats catching a falling knife. ๐ฌ Do you see a reversal pattern forming, or is this the start of a larger liquidity hunt down to 1,600? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ETH #ShortSetup #Ethereum #LiquiditySweep #TechnicalAnalysis
๐ฆ ๐
Entry: 1,864.62 โก
Target: 1,760.38 ๐
Stop Loss: 1,908.62 โ ๏ธ
๐ The daily structure just gave way at a key demand zone โ this isn't noise, it's a clean market shift. Volume picked up sharply on the breakdown, and price is now sitting below the 200-period moving average on the 4H, confirming momentum. ๐ฆ Smart money likely swept long liquidity above 1,900 before letting the sells flow, precisely where our stop sits.
๐ The next liquidity pool sits in the 1,760-1,667 range โ a deep inefficiency zone left untouched since March. If this hold as resistance, the path of least resistance remains south. ๐ RSI on the 1H is oversold but still trending lower, no divergence yet. Patience here beats catching a falling knife. ๐ฌ Do you see a reversal pattern forming, or is this the start of a larger liquidity hunt down to 1,600? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ETH #ShortSetup #Ethereum #LiquiditySweep #TechnicalAnalysis
๐ฆ ๐