Kingblackwhale
🚨 $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 mov
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 mov