$ETH
✅ Buy Signal (LONG Setup)
Entry Zone:
🔹 Around 2620–2633 USDT
(This is a demand zone aligned with the bullish BOS [Break of Structure] and higher lows.)
Confirmation:
Price recently made a BOS (Break of Structure) to the upside.
There is a clear CHoCH (Change of Character) from bearish to bullish.
Price is respecting the ascending trendline (blue line).
It is reacting from a demand zone, marked by the purple boxes.
Stop Loss (SL):
🔻 Below 2690 - 2675 USDT
(Just below the demand zone to avoid stop hunts.)
Take Profit (TP):
🎯 First Target (TP1): 2640 USDT (near previous high)
🎯 Second Target (TP2): 2650–2660 USDT (next supply/weak high zone)
🎯 third target 2707.
🎯 fourth target 2745+
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📈 Reasoning:
Market structure shows bullish intent with a BOS.
Price retraced into a demand zone with wick rejections.
Liquidity above the weak high (marked in red) may act as a magnet.