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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