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shahin

@shahin92

ETH/USDT • Market structure is bearish. Clear sequence of lower highs and lower lows. • Multiple BOS to the downside confirm strong sell-side control. • Price is reacting after a sell-side liquidity sweep near the discount zone. • Current bounce looks like a relief pullback, not a trend reversal. • Price is still below key equilibrium → bearish bias remains. • Nearest resistance: 2,275 – 2,366 (prior demand turned supply). • This zone aligns with a bearish order block. • Expect mitigation → rejection if sellers defend. • Bullish continuation only if price reclaims and holds above 2,366. • Failure here opens path back to 1,920 liquidity and possibly deeper discount.
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