
Ethereum: Native | 3h Chart & Setup Since the peak at $2.825, a parabolic downtrend has been in progress, during which a clear liquidity sweep (sell-side liquidity sweep) occurred in the bottom zone ($2.325–$2.340). The price piercing the lows and rapidly being absorbed indicates local buyers have entered the market. My plan is as follows: • Entry: $2.387–$2.393 zone • Invalidation (Stop): Below $2.371.57 closing candle body. A close below this level invalidates the structure and nullifies the scenario—I won’t hold against it. • TP1: $2.476.41 (local resistance & intermediate liquidity zone; take partial profit and move stop to cost here). • TP2 (Primary Target): $2.647–$2.660 zone (the primary bearish FVG/imbalance box that initiated the downtrend and remains unfilled). Risk/Reward ratio exceeds 1:16. We don’t predict the future—we define our risk and follow the probabilities. Chart attached.
