🚨 ETHEREUM SETS UP A WAVE 4 PULLBACK
$ETH is completing daily Wave 3 after an aggressive impulse surge
$ETH
Market structure shows downside imbalance left behind during the rally, creating a primary Wave 4 target between $2,112 and $2,222
However, buyers may front-run that deeper zone at the 0.236 Fib near $2,324
A shallow bounce from $2,324 could push price toward the $2,784 to $2,966 target box before a deeper retrace into the $2,100 floor
Because Wave 2 was extremely sharp, Elliott Wave alternation favors a flatter, shallow consolidation for Wave 4
A daily close below $2,050 invalidates the Wave 4 pullback structure
Follow + notifs on, I will keep you updated
#ETH🔥🔥🔥🔥🔥🔥
$ETH is completing daily Wave 3 after an aggressive impulse surge
$ETH
Market structure shows downside imbalance left behind during the rally, creating a primary Wave 4 target between $2,112 and $2,222
However, buyers may front-run that deeper zone at the 0.236 Fib near $2,324
A shallow bounce from $2,324 could push price toward the $2,784 to $2,966 target box before a deeper retrace into the $2,100 floor
Because Wave 2 was extremely sharp, Elliott Wave alternation favors a flatter, shallow consolidation for Wave 4
A daily close below $2,050 invalidates the Wave 4 pullback structure
Follow + notifs on, I will keep you updated
#ETH🔥🔥🔥🔥🔥🔥
