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$ETH I see liquidity absorption at the peaks, and now the price is stabilizing; it seems to be a continuation of the buildup.
I watch how the price pushed into the 2,340 area and was rejected, but it did not break the structure below 2,280. Sellers tried, but the momentum faded.
I see consolidation after the drop, which usually means accumulation.
**Entry point**
2,295 to 2,310
**Target point**
2,330
2,360
2,400
**Stop loss**
2,270
I see downward pressure being absorbed and the candles slowing down. When the price drops quickly and then ranges, it often leads to it being pushed back higher.
If this low holds, there is likely to be continuity in the upward move.
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