#ETH 💰 ETH ON THE VERGE OF A NEW BREAKDOWN! $2,034 OR A LOCAL REVERSAL?
ETH is trading around $2,049. The bounce from $2,003 is losing steam. D1/H4 are still showing a bearish structure, and buyers have yet to regain control.
🔴 BIAS: SHORT
🎯 PLAN A — SHORT
POI: $2,054–2,065
Entry: $2,056–2,062 (after M5 confirmation)
SL: $2,074
TP1: $2,043
TP2: $2,034
TP3: $2,003
🟢 PLAN B — LONG
If price sweeps SSL at $2,043–2,034 and forms a Bullish MSS on M5:
Entry: after FVG/IFVG Retest
SL: below the Sweep low
TP1: $2,054
TP2: $2,065
TP3: $2,073
⚠️ INVALIDATION: An H1 close above $2,073 with bullish confirmation would weaken the SHORT scenario.
Don't chase price! POI ≠ Entry. For a SHORT, Sweep → MSS → Displacement → Retest on M5 are required.
💬 Will ETH break below $2,034 or sweep liquidity above $2,065 first? Which scenario are you choosing?
#ETH #Ethereum #CryptoTrading #TradingPlan
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