🔴 ETH ANALYSIS | $1,920

Higher timeframes (1H-Weekly) all bearish, but LTF showing explosive reversal signals with 773% volume on 5M.

Current situation:

Price squeezed in tight $50 range — Previous day low cluster ($1,897) just $20 below, Middle trend line cluster ($1,940) only $22 above. Compression waiting to resolve.

Why bounce first:

5M volume at 773% — extreme participation

BrainWaves crossed zero UP on 5M

15M exhaustion at 5% — fresh move

4H Three White Soldiers (2 bars ago)

Multiple bullish divergences on 30M/1H

Why still bearish after bounce:

12H Bearish Engulfing current

Weekly Three Black Crows current

Weekly exhaustion 39% — sellers have room

Liquidation clusters below at $1,850 and $1,800

Trade setup:

📍 Wait for bounce to $1,940–$1,950 (MID + PDC + D-VWAP cluster)

🛑 Stop: $1,965

🎯 TP1: $1,897 (R:R 2.0:1)

🎯 TP2: $1,855 (R:R 3.8:1)

⚠️ Avoid shorting at current price — support too close, LTF bullish. Let it bounce first.

Invalidation: Close above $1,975 (EMA200)

Bias: BEARISH — bounce to short, not to buy.

NFA | DYOR

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