$ETH $BTC
— I’m watching this setup because price already took liquidity below the recent low and instantly bounced, which tells me selling pressure was emotional, not structural.
Reason
I’m seeing a clean sweep near the 2,690 zone followed by strong bullish candles. Sellers pushed hard, but buyers absorbed everything fast. That’s usually my first signal that downside is limited.
Market read
I’m treating this as a corrective dip inside a larger range. The drop was sharp, but the recovery is controlled and steady. As long as ETH holds above the reclaimed zone, I’m leaning bullish.
Entry Point
I’m entering between 2,720 – 2,750
This zone is acting as short-term support after the bounce.
Target Point
TP1: 2,800
TP2: 2,880
TP3: 2,950
These targets align with prior rejection zones and unfinished upside structure.
Stop Loss
My stop is at 2,670
If price breaks below this level, the setup is invalid for me.
How it’s possible
I’m trusting this move because liquidity is already taken, sellers failed to hold price lower, and ETH is printing higher lows on the lower timeframe. If momentum builds, trapped shorts can push price back toward the upper range quickly.
I’m staying patient and following structure.
Let’s go and Trade now $ETH
#WhoIsNextFedChair #MarketCorrection #ZAMAPreTGESale #VIRBNB #WhoIsNextFedChair