Price action reveals a minor pullback from local highs toward key structural support as sellers test short-term liquidity pools. Momentum shows compression near the session range lows, setting the stage for a reactionary bounce.
$ETHFI – LONG
Entry: 0.5310–0.5320
SL: 0.5235
TP1: 0.5355
TP2: 0.5395
TP3: 0.5405
The pullback respects the broader higher-low market structure while holding above established intraday support levels. Volume profile contraction during the recent descending candles signals exhaustion among sellers, creating a favorable risk-to-reward continuation setup.
$ETHFI – LONG
Entry: 0.5310–0.5320
SL: 0.5235
TP1: 0.5355
TP2: 0.5395
TP3: 0.5405
The pullback respects the broader higher-low market structure while holding above established intraday support levels. Volume profile contraction during the recent descending candles signals exhaustion among sellers, creating a favorable risk-to-reward continuation setup.
