Long

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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Cryptokijker

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Cryptokijker