$ETH /USDT) – Market Positioning & Strategy🔐👇
Current Price: $2535
Chart Timeframes: 1H & 4H
Trend Structure: Mid-Term Pullback with Bullish Intentions
🧠 Market Context & Technical Breakdown:
Price Action:📉
After failing to hold above the $2750 resistance, $ETH saw consecutive lower highs and dropped back into the $2480–2520 demand zone. This region has acted as a historical liquidity base. We’ve now printed a bullish engulfing from that zone.
CHoCH (Change of Character):🐋
On the 1H chart, the CHoCH shows a potential end to the bearish momentum. Price has broken above the last lower high and is now forming higher lows.
Volume Profile Insight:🔊
Volume near the $2510–2520 zone has spiked — likely accumulation from smart money reacting to the demand zone.
Moving Averages:🪽
$ETH price is still below the 200 EMA on the 1H, but it has reclaimed the 21 and 50 EMAs — an early signal that bulls are attempting to regain control.
RSI Signals:📡
1H RSI: 45, crossing upward from oversold
4H RSI: 44, showing early bullish divergence
Momentum is shifting from distribution to potential accumulation.
🛠️ Trade Setup – Break & Retest Strategy (Reversal Play)
Setup Type: Scalp-to-Intraday🧑🏫
Entry Zone: $2540–2550 (after confirmation above structure)✅
Stop Loss: $2410 (below demand and invalidation level)☣️
Target 1: $2589 🎯
Target 2: $2620 🎯
Target 3 (optional): $2745 (only if momentum and BTC align)🎯
⏱ Expected Duration: 12–36 hours depending on volume follow-through.⌛
📌 Trigger Confirmation Needed:
A strong 1H close above $2540 and a 15m retest bounce will signal early buyer control.
📉 Risk Factors to Monitor:
BTC dominance and ETH/BTC pair — any sign of altcoin weakness may delay ETH’s recovery.
If ETH closes below $2480 on a high-volume candle, this setup is invalidated.
📛 Disclaimer: This analysis is for educational and informational purposes only. Always DYOR (Do Your Own Research) .
