šØ $ETH
/USD ā LIQUIDITY GRAB OR BREAKOUT LOADING? š§ š
Ethereum just bounced hard from the $2,400 demand zone and is now reclaiming $2,496 with a +0.66% recovery. This chart highlights 3 major liquidity zones ā and $ETH is currently approaching the upper imbalance near $2,540ā$2,560.
š§ Key Levels Spotted:
ā Demand Zone (Support): $2,400ā$2,420
š§± Mid-Range Supply: $2,495ā$2,505 (currently being tested)
šÆ Fair Value Gap (FVG) Target Zone: $2,540ā$2,580
š„ A clean push above $2,505 with volume could ignite a fast rally to fill the gap toward $2,560+. However, failure to break and hold could send price back to retest lower demand zones.
šÆ Setup Idea (FVG Play):
Entry: $2,495 ā $2,505
TP1: $2,540
TP2: $2,575
SL: $2,470
š This setup is pure structure-based ā let the market confirm direction before going in heavy.