ETH/USDT 1H: Liquidity Build-Up – Reversal?ETH/USDT 1H: Analysis
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Current Market Structure:
Price at $2,680, showing bearish momentum after rejection at the equilibrium zone.
Hidden bearish divergence on RSI (38.43) suggests potential weakness.
Smart Money Concepts:
Market Makers likely accumulating within the $2,600-$2,650 discount zone.
Liquidity engineering at the premium zone ($2,900) before a potential move lower.
Key Levels:
Resistance: $2,850 (Fair Value Gap - FVG).
Support: $2,600 (Discount zone).
Premium Zone: $2,900.
Trade Setup:
Confidence Level: 8/10 – Favorable setup for a long position.
Entry Zone: $2,650-$2,680.
Targets:
T1: $2,850 (key resistance).
T2: $2,900 (premium zone).
Stop Loss: Below $2,580 (under discount zone).
Risk Score:
7/10 – Favorable R:R, but bearish momentum requires confirmation of reversal.
Market Maker Intent:
Current price action suggests a liquidity grab in the discount zone before a potential bullish move.
A confirmed bounce from $2,600-$2,650 will increase confidence in upside continuation.
Recommendation:
Wait for confirmation of a bounce at the discount zone before entering long positions.
Keep stops tight below $2,580 to protect against unexpected breakdowns.
Confidence Level:
8/10 – Bullish setup, but confirmation is key for execution.
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