š“ $ETH BREAKING BELOW CRITICAL SUPPORT ā SHORT BIAS CONFIRMED š¦
Entry: 1,864.62 ā”
Target: 1,760.38 š
Stop Loss: 1,908.62 ā ļø
š The daily structure just gave way at a key demand zone ā this isn't noise, it's a clean market shift. Volume picked up sharply on the breakdown, and price is now sitting below the 200-period moving average on the 4H, confirming momentum. š¦ Smart money likely swept long liquidity above 1,900 before letting the sells flow, precisely where our stop sits.
š The next liquidity pool sits in the 1,760-1,667 range ā a deep inefficiency zone left untouched since March. If this hold as resistance, the path of least resistance remains south. š RSI on the 1H is oversold but still trending lower, no divergence yet. Patience here beats catching a falling knife. š¬ Do you see a reversal pattern forming, or is this the start of a larger liquidity hunt down to 1,600? š
ā ļø Not financial advice. Always manage your risk. š”ļø
š·ļø #ETH #ShortSetup #Ethereum #LiquiditySweep #TechnicalAnalysis
š¦ š
Entry: 1,864.62 ā”
Target: 1,760.38 š
Stop Loss: 1,908.62 ā ļø
š The daily structure just gave way at a key demand zone ā this isn't noise, it's a clean market shift. Volume picked up sharply on the breakdown, and price is now sitting below the 200-period moving average on the 4H, confirming momentum. š¦ Smart money likely swept long liquidity above 1,900 before letting the sells flow, precisely where our stop sits.
š The next liquidity pool sits in the 1,760-1,667 range ā a deep inefficiency zone left untouched since March. If this hold as resistance, the path of least resistance remains south. š RSI on the 1H is oversold but still trending lower, no divergence yet. Patience here beats catching a falling knife. š¬ Do you see a reversal pattern forming, or is this the start of a larger liquidity hunt down to 1,600? š
ā ļø Not financial advice. Always manage your risk. š”ļø
š·ļø #ETH #ShortSetup #Ethereum #LiquiditySweep #TechnicalAnalysis
š¦ š