$ETH /USDT — Buyers Are Pressing Into Resistance
ETH has shifted bullish after sweeping the $2,372 liquidity zone and recovering aggressively. Buyers have reclaimed the $2,405 area and pushed price toward the $2,426 high, where buy-side liquidity sits.
The momentum is strong, but price is now testing resistance. Chasing this move here offers poor risk-to-reward.
Trade Plan — Long on Confirmation
Entry: $2,417–$2,420 on a successful retest
Stop Loss: $2,408
TP1: $2,435
TP2: $2,445
I want to see previous resistance hold as support before entering. If buyers defend the retest, continuation is on the table.
Invalidation: A decisive break below $2,408 weakens the bullish setup. If price rejects the $2,426 high and loses the breakout structure, I’ll stay out and reassess.
Let price confirm the move. No chasing, no forced entries.
#SwitzerlandApprovesFirstBitcoinETF #KOSPIFallsMoreThan2% #ElicePlunges33%InKoreanIPODebut #BlockchainAssociationSubmitsGENIUSActComments
ETH has shifted bullish after sweeping the $2,372 liquidity zone and recovering aggressively. Buyers have reclaimed the $2,405 area and pushed price toward the $2,426 high, where buy-side liquidity sits.
The momentum is strong, but price is now testing resistance. Chasing this move here offers poor risk-to-reward.
Trade Plan — Long on Confirmation
Entry: $2,417–$2,420 on a successful retest
Stop Loss: $2,408
TP1: $2,435
TP2: $2,445
I want to see previous resistance hold as support before entering. If buyers defend the retest, continuation is on the table.
Invalidation: A decisive break below $2,408 weakens the bullish setup. If price rejects the $2,426 high and loses the breakout structure, I’ll stay out and reassess.
Let price confirm the move. No chasing, no forced entries.
#SwitzerlandApprovesFirstBitcoinETF #KOSPIFallsMoreThan2% #ElicePlunges33%InKoreanIPODebut #BlockchainAssociationSubmitsGENIUSActComments