📉 ETHUSDT: Downtrend & Liquidity Hunt Strategy 📉
Ethereum ($ETH) remains in a downtrend, currently trading at 1,971.26 (-4.28%). Here is the rapid-fire setup for the week:
🚀 The Upside (Short Opportunity)
If price grows toward the Weekend FVG (2028-2052) and VWAP VAL, watch for rejection.
* Key Resistances: 2033 / 2080 / 2115
🩸 The Downside (Liquidity Targets)
If the first move is down, we hunt these Liquidity Pools (LPs):
* Immediate: 1922 / 1885
* High Volatility Target: Big FVG at 1797-1828 (Key Support: 1810)
💡 Strategy for the Week
Wait for a liquidity hunt. Enter in the opposite direction ONLY if you see high volume and long wicks.
⏰ Alarms Set: D/W/M-20sma, VWAP VAL, 1926.
#PEPEBrokeThroughDowntrendLine
ETH
1,954.81
-1.44%