The "Conference Shakeout" is here. 📉
ETHDenver is live, but Ethereum is dipping to $1,976.
Why?
Market Makers love to flush out "late longs" right before the real move begins.
The Technicals (15m Chart)
The Drop: We flushed from $2,020 to $1,976.
The Support: Look at the chart below. We are sitting exactly on the demand zone.
The Setup is as long as we hold this level, this is a classic "Bear Trap."
My Plan is not panic I am bidding.
I am adding to my position here in the BUY ZONE.
Target remains: $2,150. 🎯
👇 Are you selling the dip or buying the fear?
ETH
1,975.34
+0.63%