Ethereum just kissed the 1.0 fib at $2475.33, tapping into a local demand pocket. That sweep cleared weak longs and set up a cleaner drive back into inefficiency.
What’s happening?
→ ETH is targeting the 1H Fair Value Gap (FVG) around $2512–$2522.
→ $2500 zone = critical reaction level.
→ Volume profile confirms buyer interest above $2480.
Entry Zone: $2480–$2490
SL: Below $2475 swing low
TP1: $2512.75
TP2: $2550.14 (liquidity sweep)
Bias: Bullish while above $2475
Why it matters:
ETH rejected the lows and reversed with structure + timing.
If it reclaims the FVG → it reclaims the narrative.
What’s happening?
→ ETH is targeting the 1H Fair Value Gap (FVG) around $2512–$2522.
→ $2500 zone = critical reaction level.
→ Volume profile confirms buyer interest above $2480.
Entry Zone: $2480–$2490
SL: Below $2475 swing low
TP1: $2512.75
TP2: $2550.14 (liquidity sweep)
Bias: Bullish while above $2475
Why it matters:
ETH rejected the lows and reversed with structure + timing.
If it reclaims the FVG → it reclaims the narrative.
Trade closed: target reached
Easy.Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Smart Money signals. Hourly trades. More Signals here
📍Telegram: t.me/smartflowblog
📍Telegram: t.me/smartflowblog
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.