$ETH — Fakeout Above 2K, Now It’s Sitting on the Knife-Edge
ETH just pulled the classic trap sequence: slow climb → explosive wick to 2,015 → instant selloff back into the range. That move wasn’t “strength” — it was liquidity being harvested above the psychological 2,000 level. Now price is back near 1,955, right on the pivot where the next direction gets decided.
This is where you either catch the reclaim… or you respect the breakdown.
Bias: Bounce setup while demand holds
Timeframe: Intraday → short swing
EP: 1,948 – 1,958
SL: 1,932
TP1: 1,983
TP2: 2,015
TP3: 2,045
Why this setup is clean:
Clear liquidity grab above 2,000 then re-entry into structure
Demand zone is defined by the session low region 1,932–1,946
If ETH holds this base, the move back to 2,015 becomes the “magnet”
Lose 1,932 and the bounce idea is dead — that’s a real breakdown.
Hold it, and ETH is primed for a sharp reclaim back above 2K.
Levels are set. Let price come to you.
