๐ฅ HTF DEMAND TEST & BULLISH CONTINUATION! | ETH/USDT
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$ETH (Ethereum) has pulled back into a prime discount zone, holding firmly around the $2,583 key technical pivot! On the 1H/4H timeframes, price action shows strong buyer defense near the intraday demand level, establishing a high-confluence bullish Order Block (OB) and Fair Value Gap (FVG) right below current price. We are positioning for a high-R:R continuation push toward overhead buy-side liquidity! ๐
โ๐น Trade Type: Intraday / Demand Retest
๐น Direction: Long (Buy)
๐น Entry Zone: $2,545 โ $2,590
๐น Stop Loss (SL): $2,480 (Strict SL required)
๐น Take Profit (TP):
โข TP1: $2,680 (Local Liquidity Sweep)
โข TP2: $2,780 (Key Structural Resistance)
โข TP3: $2,950 (HTF Expansion Target)
โ๐ Trade Logic:
$ETH swept local sell-side liquidity resting below the $2,550 level and printed a lower-timeframe Market Structure Shift (MSS). We are expecting a brief consolidation inside the 1H FVG to absorb remaining sellers before buyers trigger the next leg toward $2,780+ overhead supply.
โโ ๏ธ Risk Management: Maintain strict position sizing and do not risk more than 1-2% of your total capital per trade!
โAre you buying
$ETH on this demand retest or waiting for a breakout past $2,650? Share your strategy below! ๐
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#ETH #Ethereum #CryptoTrading #BinanceSquare #Foreheadburns โ๐ก Suggestion: Wait for a solid 15m bullish candle rejection (pin bar or engulfing) inside the $2,545 โ $2,590 entry zone to confirm buyer reaction before entering.