$ETH APPROACHING CRITICAL RESISTANCE ZONE FOR POTENTIAL SHORT REVERSAL 📉
Entry: 1728 – 1762 🔥
Target: 1680, 1650, 1605 🚀
Stop Loss: 1843 ⚠️
Price is currently testing a significant supply zone where sellers have historically exerted control. Liquidity is accumulating above local highs, suggesting a potential sweep before the market finds a directional bias.
The current structure indicates that if buyers fail to maintain acceptance above this resistance, a rotation toward lower demand levels is probable. Monitoring the order flow for signs of exhaustion at these levels is essential for this setup. Do you expect a clean rejection here or a liquidity sweep first?
Not financial advice. Always manage your risk.
#ETH #ShortSetup #MarketStructure #LiquidityAnalysis
🎯
Entry: 1728 – 1762 🔥
Target: 1680, 1650, 1605 🚀
Stop Loss: 1843 ⚠️
Price is currently testing a significant supply zone where sellers have historically exerted control. Liquidity is accumulating above local highs, suggesting a potential sweep before the market finds a directional bias.
The current structure indicates that if buyers fail to maintain acceptance above this resistance, a rotation toward lower demand levels is probable. Monitoring the order flow for signs of exhaustion at these levels is essential for this setup. Do you expect a clean rejection here or a liquidity sweep first?
Not financial advice. Always manage your risk.
#ETH #ShortSetup #MarketStructure #LiquidityAnalysis
🎯