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🧠 ETH Needs a Retest Before Higher Levels?

ETH is currently trading around $2,593, but there's an important untested zone at $2,517.

📉 Smart Money Concepts (SMC) perspective:
Price had an impulsive rally, leaving behind an imbalance and potential demand zone.

⚡ If bulls are serious, price may come down to test $2,517 before heading higher.
That’s where liquidity rests… and smart money loves that.

🔍 Watching for:

Fair Value Gap fill

Order Block retest

Buy-side confirmation after sweep

📌 Key Level to Watch: $2,517
Let’s see if ETH comes down to collect orders before launching higher.

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Will ETH Go Higher?
Before ETH makes its next big move, it might have to retest one critical level.

The Blue Line – $2,517
This level was the origin of a powerful bullish move.
It's a potential demand zone and order block.
Price may return to grab liquidity.

Why It Matters (SMC View)

Imbalance left behind

Unmitigated demand

Liquidity resting below recent lows
A retest makes sense technically.

What We Want to See
✅ Price taps $2,517
✅ Bullish confirmation (CHoCH or bounce)
= Potential long entry
🚫 If it breaks through hard, structure may shift bearish.
$2,517 is a level worth watching.
Smart money waits for price to return.
Not chasing—just planning.

#ETH #Binance #SMC #CryptoTrading #OrderBlock #Liquidity #FVG #ETH #Binance #SMC #CryptoTrading #OrderBlock #Liquidity #FVG #EthereumAnalysis

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