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🚨 $ETH – Bearish Rejection or Recovery in Sight? 🔥
Ethereum is at a critical decision point, facing multiple Fair Value Gaps (FVGs) on the lower timeframe. The recent Change of Character (ChoCH) suggests a possible bounce, but rejection from these zones could mean another leg down.
⸻
📊 Market Breakdown:
🔻 Bearish Pressure: $ETH struggling below key resistance zones.
📉 FVG Cluster: Multiple unfilled FVGs indicate liquidity grab potential.
📌 Break of Structure (BOS): A key level has been taken, signaling a shift.
⸻
🔥 Trade Idea:
📈 Bullish Case: If $ETH reclaims $1,900, we could see a move towards $1,963 - $1,982.
📉 Bearish Case: If rejection holds, watch for a drop to $1,840 - $1,820.
🎯 Key Levels to Watch:
✅ Resistance: $1,900 - $1,982
✅ Support: $1,840 - $1,820
🚀 Will ETH break out or sink further? Let me know your thoughts below! 🔥
#ETH
#UkraineRussiaCeasefire #AltcoinETFsPostponed #USTariffs