$ETH — Quiet Strength, Momentum Turning
Strong reaction from 2,260 into 2,420 set the tone. The rejection there didn’t break structure — instead, price cooled off and started building a base. Now it’s grinding upward again, printing higher lows and pressing back into resistance. That shift matters.
What stands out: Clean bounce from key demand
Rejection at 2,420 without collapse
Higher lows signaling buyer control
Slow push back toward resistance
Liquidity stacked above 2,400
This is not a spike — it’s a rebuild.
Plan: No blind entries. Let price confirm.
Entry zones: 2,320 – 2,350 on support hold and continuation
Or breakout acceptance above 2,420
Targets: 2,420 retest
2,500 expansion
2,650 if momentum accelerates
Invalidation: Loss of 2,260 — structure fails
Scenario: Price is climbing with intent. Either we get a clean retest of the 2,320–2,350 zone before continuation, or a direct push into 2,400 liquidity. A confirmed break above 2,420 likely traps late shorts and drives a fast move higher. If 2,300 gives way with strength, expect a deeper pullback.
Momentum is shifting, not exploding — and that’s often how the stronger moves begin.
