$ETH Ethereum activated a long trigger near $2,015 but confirmation is still pending. The next move depends on holding $1,937 weekly support.
💥 ETH hit the intraday trigger around $2,015, lighting up a potential bullish setup while bouncing inside its current range. The move shows early strength but needs confirmation before any real directional expansion takes off.
💥 Price is reacting near mid-range liquidity right now, trying to push higher. If bulls can confirm momentum, the next target sits around $2,148 - a liquidity zone lined up with the weekly high. The setup hints at a possible bullish structure break, but it all depends on how price reacts after the trigger. A similar bounce off support was covered in ETH demand zone recovery scenario.
💥 But there's a clear line in the sand. The weekly low near $1,937 is the critical support level. Losing that flips the script and raises the odds of downside continuation this week, possibly setting up short opportunities on a retest of broken support. Similar downside risk was discussed in Ethereum struggles below resistance.
💥 What makes this setup matter? ETH is trading between major liquidity zones. Staying above $2,015 opens the door to higher targets, while dropping below $1,937 hands control back to sellers and favors more downside within the weekly structure.
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