$ETH — Sellside Liquidity Tagged, Retrace Incoming?

Ethereum swept sellside liquidity near $3,126 and stalled. Traders are watching for a retrace into the Fair Value Gap before continuation, especially with OB and BOS confirming structure shift.

Setup:

• Entry: $3,122–$3,126

• SL: $3,135

• TP1: $3,115

• TP2: $3,100

Technical Breakdown (4H):

• Price: $3,125.25

• Sellside liquidity: Tagged

• FVG: Below $3,120

• BOS: Confirmed

• MS: Bullish

Order Flow & Volume:

• CVD: Buyers slowing

• Sell walls: $3,130–$3,135

• Buy walls: $3,115

• Delta: Absorption at $3,126