š„ $ETH ā BREAKOUT OR FAKEOUT? š
$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 ā 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.
š Trade Setup (Aggressive Long Idea)
ā¢ Entry: $2,745 ā $2,750
ā¢ Take Profit: $2,810 ā $2,815
ā¢ Stop Loss: $2,702
š§ Key Insight: Wait for confirmation ā a 15M bullish engulfing candle above the box could validate the reversal setup.
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