$ETH Trade Setup – Demand Zone Reaction
$ETH is on my watchlist after the recent selloff swept liquidity into a major demand zone and price reacted immediately from the lows. Selling pressure is clearly slowing after a strong bearish leg, which often opens the door for a relief move.
Market Structure
Price dropped aggressively, took liquidity below the recent range low, and showed a strong reaction. Long lower wicks and weaker follow-through candles suggest seller exhaustion rather than continuation.
While the broader structure remains bearish, momentum is stabilizing at demand — this looks like absorption, not acceleration.
Entry Zone
2,070 – 2,110
This zone sits just above the defended demand area where buyers already stepped in.
Targets
TP1: 2,150 – First relief bounce zone
TP2: 2,200 – Previous breakdown level
TP3: 2,300 – Higher liquidity area if recovery strengthens
Stop Loss
2,050
If price breaks and holds below this level, the demand thesis is invalid and the trade is exited.
Trade Thesis
This setup works if demand continues to hold and sellers fail to push price lower. The sharp selloff has already cleared downside liquidity, and the current reaction points to absorption and a controlled recovery rather than another impulsive drop.
I’m trading structure and reaction, not prediction.
Let’s trade $ETH.
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