🪙 Ethereum 4H Analysis – Falling Wedge in Play
📉 ETH/USDT is currently forming a falling wedge pattern on the 4H chart — a typical bullish reversal structure.
🔍 Key Observations:
Recent liquidity sweep and market structure shift (MSS) hint at accumulation.
Price may still dip toward the $1,720–$1,750 zone, which aligns with the wedge’s lower boundary and unfilled imbalance.
Volume is compressing, signaling a potential breakout ahead.
⚠️ Wait for Confirmation:
Ideal long entry: $1,720–$1,750 zone, near wedge support.
Look for a strong bullish engulfing candle or volume spike at that zone to confirm buyer presence.
Avoid entering early — let price tap support and show reversal strength.
🎯 Targets:
Short-term: $1,940 (measured move of the wedge)
Mid-term: $2,200–$2,400 (if breakout sustains and macro trend supports)
🛑 Invalidation:
A strong 4H close below $1,700 with volume would invalidate the setup.
🕒 Timeframe: 4H
📍 Strategy: Wait for price to reach wedge support ($1,720–$1,750), then enter on bullish confirmation
📊 DYOR | Not Financial Advice
