💥 $ETH – BREAKOUT OR FAKEOUT? 🔍
$ETH just snapped below its tight consolidation range near $2,748 after several failed breakout attempts. This box breakdown could signal either a liquidity grab before a reversal — or the start of a deeper move!
The market is currently at a key inflection point. A swift reclaim of the $2,750 zone could trigger a sharp rally toward $2,810+, while a rejection may confirm bearish continuation.
📊 Trade Setup (Aggressive Long Idea)
• Entry: $2,745 – $2,750
• Take Profit: $2,810 – $2,815
• Stop Loss: $2,702
🧠 Key Insight: Wait for confirmation — a 15M bullish engulfing candle above the box could validate the reversal setup.
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