๐จ$ETH Update (Daily Timeframe) ๐จ
#ETH is currently consolidating within a rising structure, but price action suggests this move is mainly a liquidity grab along the trendline ๐งฒ, as marked on the chart. ETH is struggling below a strong resistance zone๐ง.
โ ๏ธ From below trendline, $ETH may attempt a small push upward, but sustained upside looks weak.We could see a sharp bearish move ๐ to take clear all the liquidity of the levels $2700, $2600 and $2500.
๐ป My downside targets are the lower liquidity zones, with a potential move toward the $2,300โ$2,100 range highlighted on the chart. If momentum increases, deeper levels may also come into play.
โณ Patience is key. Iโll be waiting for proper confirmation at my zones and will share a sell signal once the setup is fully confirmed ๐โ .
๐ก Let the market complete its manipulation before entering.
