#ETH 💰 $ETH : SELLERS PUSHED THE MARKET DOWN TO $1 893. BUT WHERE’S THE NEXT SHORT?
ETH/USDT is trading around $1 937.45. The bearish structure remains intact on D1, H4, and H1.
The market swept SSL at $1 893.39, after which a local bounce began. But there’s no confirmed reversal yet.
🔴 PLAN A — SHORT
POI: $1 943–1 954.
We’re expecting a return to the supply zone and confirmation on M5:
Liquidity Sweep → MSS → Displacement → FVG/IFVG Retest.
Targets:
TP1: $1 926
TP2: $1 915
TP3: $1 893
SL — beyond the Sweep high. Enter only after confirmation.
🟢 PLAN B — LONG
If the price sweeps liquidity below $1 893.39 and forms a bullish MSS on M5, we’ll consider a recovery to $1 926 → $1 943 → $1 954.
INVALIDATION: An H1 close above $1 954–1 969 would weaken the SHORT scenario.
⚠️ My choice right now is to WAIT. We don’t sell at the bottom of an impulse or buy a bounce without confirmation.
The market needs to show its intent before we take on risk.
Which scenario are you trading — a SHORT from the POI or a reversal LONG after the SSL sweep?
#ETH #Ethereum #TradingPlan #PriceAction #BinanceSquare
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