$ETH sweep at $1,940 just hit exactly as planned. This was the liquidity grab everyone missed.
Price took out the range highs, rejected hard, now working back down to $1,885. The real entry zone is $1,750-$1,815 (BOS zone). That's where the pullback becomes the setup.
If $ETH loses $1,750 on a daily close, structure is broken. Most traders think the sweep means the move is done. That's exactly what makes the next leg possible.
Watch the BOS zone. That's where conviction buyers step in.
$ETH Dump Alert ๐จ ๐
I'm taking a short at cmp
DCA zone :$1,887 โ $1,897
Stop-loss: $1,922
TARGETS ๐ฏ
TP1: $1,868
TP2: $1,857
TP3: $1,835
ALWAYS DYOR AND NEVER INVEST ALL IN ONE COIN
{future}(ETHUSDT)
#ETH๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ
$VELVET absolutely ripping, +64% in a few hours, from 0.42 to a high of 0.89 before getting rejected hard back to 0.74 ๐ฅ
Key levels Iโm watching
๐น Resistance: 0.81 - 0.89 zone (where it got rejected)
๐น Support: 0.70 - 0.71 (current base holding)
๐น Below 0.70 โ likely fills back toward 0.60 zone
This is a fresh volatile pair, huge wicks both directions already. Position size small if trading it, and always set your own SL based on your risk, not mine.
Not financial advice, just sharing...