🪙On ETH locally
Yesterday, the asset dropped by 8%, thus removing key liquidity and testing the support zone, from which we are already receiving a reaction and are currently trading around $2,950.
Above is the imbalance zone $3,000-$3,100; this range will be crucial, we need to wait for a test and monitor the price reaction. If we consolidate above $3,100, we can confidently consider longs to the liquidity at $3,270.
If we do not break the imbalance, we will see a price decline to the liquidity at $2,720.
ETHUSDT
Perp
2,927.72
-0.74%