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$ETH Bullish Reversal Building After Heavy Trap
I'm seeing a clear reason behind this move
Price pushed up strong to 2329 then got rejected hard
That move trapped late buyers and forced weak hands out
Now price is holding steady around 2165 to 2190 showing strength
This is not weakness this is reset
What’s Happening :
Strong rejection from 2329 resistance
Sharp sell off created panic
Now price forming base near 2165 zone
Small candles showing selling pressure is fading
Market is cooling not breaking
How It’s Possible :
Market grabbed liquidity above highs then dumped
Stops got triggered and sellers got exhausted
Now smart money slowly accumulating at lower levels
I'm watching this as accumulation before next push
Trade Setup :
Entry Point 2170 to 2200
I'm entering near support and not chasing pumps
Target Points
2250 first recovery level
2300 key resistance
2350 if breakout confirms
Stop Loss 2140 below support zone
Plan :
If price holds above 2165 structure remains strong
If 2250 breaks momentum can expand quickly
If 2165 fails then deeper pullback possible
I'm staying patient and letting the setup develop
Final Thought :
This looks like post drop accumulation phase
I'm positioning early before expansion
Let’s go and Trade now $ETH