Current Price: 623.70 Supertrend (10,3): 628.54 (acting as dynamic resistance)
⚡ Recent Price Action
We just saw a sharp selloff into 623–622 support, tapping a key intraday liquidity pocket (low printed 623.06). The move was impulsive, but notice the reaction:
Wicks forming near lows
Smaller-bodied candles into support
Momentum compressing after the dump
This suggests short-term exhaustion after liquidity was swept below prior minor lows.
Current Price: 2,061 Supertrend (10,3): 2,077 (acting as resistance)
⚡ Recent Price Action
ETH impulsed from 2,039 → 2,083, sweeping intraday liquidity and tapping directly into the 2,080–2,090 supply zone.
What followed?
Sharp rejection wick at 2,083
Immediate bearish follow-through
Failure to hold above 2,075
That push looks like a buy-side liquidity sweep into higher timeframe supply, followed by distribution. Momentum expanded aggressively — now clearly compressing on the pullback.
📉 Broader Structure
15M structure remains range-bound but slightly bearish under 2,080.
Lower highs forming beneath Supertrend.
2,039 low likely swept sell-side liquidity before expansion.
Failure to flip 2,077 (Supertrend) keeps sellers in control.
Right now, price is reacting — but not shifting structure yet.
🎯 Trade Plan (Conditional Long Reversal Setup)
We do NOT trade blindly into resistance. This setup activates only on reclaim + structure shift.
🔹 Aggressive Entry:
2,055–2,060
Only if strong bullish rejection forms + micro higher high.
🔹 Conservative Entry:
2,080+ confirmed 15M close
Clear break of supply & Supertrend reclaim.
🛑 Stop Loss:
2,034 Below sweep low & structural invalidation.
Tight. Logical. Protected.
🎯 Targets:
1. TP1: 2,077 (Supertrend test)
2. TP2: 2,083 (liquidity high)
3. TP3: 2,095–2,100 (range expansion)
🔑 Why Reclaim Is Critical
ETH is still trading below dynamic resistance. Until 2,077–2,080 flips to support, this is just a reaction — not a confirmed reversal.
Edge exists only when:
Higher low forms
Resistance becomes support
Momentum expands with structure
No confirmation = no execution.
Let price prove strength. Let structure align. We don’t predict — we position.