$ETH Long Setup ‼️

Two days ago, when I analyzed the market, Ethereum approached at demand level and showed a fake breakout. However, that breakout appeared to be a liquidity grab, where the market filled pending liquidity and then continued its move in the upside direction.

Entery : 2074 - 2076.30

🛑 SL : 2060.00

🎯 Target : 2120.0

Now, looking at the current price action:

On the 1-day timeframe, we are seeing a strong rejection from the level, followed by a powerful bullish candle

On the 4-hour timeframe, the market is also showing a strong rejection from support, indicating buying pressure

This multi-timeframe confirmation suggests that the market is leaning bullish, and this could be a strong opportunity for a long entry.

ETH

2,271.61

-1.16%