⚡️ $ETH Local trap-like rebound? Where to short Ethereum before re-pricing
Ethereum removed sell-side liquidity at $2385 and stalled in consolidation. Bulls are trying to bounce back from the drop, but the chart clearly shows algorithmic work: manipulation to accumulate liquidity before the next impulse.
🧠 Where to look for the perfect entry point?
Consider a Short only on a pullback into the Premium zone:
Area of interest (POI): $2425.00 – $2435.00 (bearish 15m Order Block + FVG, closing the local imbalance).
Bottom target: Updating the local low (LL) with a test of the higher-level support Discount zone at $2380.00.
📊 Trading plan (ETH/USDT):
🔴 Zone Entry: 2425.00 – 2435.00 (Short entry on a correction to the Premium POI, filling the FVG, and clearing local Buy-side liquidity)
🎯 Take Profit: 2380.00 (Profit-taking on a retest of LL and approach to the key 1H/4H support zone)
🛑 Stop Loss: 2452.00 (A close above $2450 will invalidate the short scenario, form a 15m CHoCH upward, and drive price toward $2480.00)
💡 Conclusion: Don’t get carried away by the rebound impulse. Stay patient and wait for Buy-side liquidity to be swept above $2425 for a safer entry based on local Order Flow.
💬 Are you waiting for ETH to be repriced down to $2380, or are you entering long from current levels to continue the 4H trend?
#ETH #Ethereum #smartmoney #BinanceSquare
Ethereum removed sell-side liquidity at $2385 and stalled in consolidation. Bulls are trying to bounce back from the drop, but the chart clearly shows algorithmic work: manipulation to accumulate liquidity before the next impulse.
🧠 Where to look for the perfect entry point?
Consider a Short only on a pullback into the Premium zone:
Area of interest (POI): $2425.00 – $2435.00 (bearish 15m Order Block + FVG, closing the local imbalance).
Bottom target: Updating the local low (LL) with a test of the higher-level support Discount zone at $2380.00.
📊 Trading plan (ETH/USDT):
🔴 Zone Entry: 2425.00 – 2435.00 (Short entry on a correction to the Premium POI, filling the FVG, and clearing local Buy-side liquidity)
🎯 Take Profit: 2380.00 (Profit-taking on a retest of LL and approach to the key 1H/4H support zone)
🛑 Stop Loss: 2452.00 (A close above $2450 will invalidate the short scenario, form a 15m CHoCH upward, and drive price toward $2480.00)
💡 Conclusion: Don’t get carried away by the rebound impulse. Stay patient and wait for Buy-side liquidity to be swept above $2425 for a safer entry based on local Order Flow.
💬 Are you waiting for ETH to be repriced down to $2380, or are you entering long from current levels to continue the 4H trend?
#ETH #Ethereum #smartmoney #BinanceSquare
