@shahin92
ETHUSD
• Market structure: Clear bearish order flow.
• Range context: Price has impulsively displaced from Equilibrium → Discount, breaking PDL with strong momentum = sell-side liquidity raid + acceptance below value.
• Current reaction: Bounce from Weak Low / Discount (≈ 2,100–2,250) looks corrective, not impulsive → likely short-covering.
• Key supply:
• 2,700–2,830 (EQ) = first mitigation zone
• 3,100–3,350 (Premium / Strong High) = major HTF supply, ideal sell zone
• Bias: Bearish unless daily close reclaims EQ (≈ 2,830). Failure below EQ favors continuation lower.
• Downside targets: 2,080 → sub-2,000 liquidity if EQ rejection holds.
• Invalidation: Sustained D1 close above 3,350 flips structure neutral → bullish.
Playbook: Wait for pullback into EQ or Premium, look for LTF CHOCH → short. Avoid longing until structure repairs.