#ETH🔥🔥🔥🔥 USDT Market Update:-
Simplified Analysis:
1= Break of Structure (BOS):
A bullish BOS signals a potential trend reversal to the upside.
2= Change of Character (CHOCH):
CHOCH indicates sellers are weakening, and buyers are gaining control.
3= Buy-Side Liquidity (BSL):
The price is likely targeting liquidity above swing highs, where sell stops are trapped.
4= Demand Zones:
Lower Zone: Near 3,057.24.Higher Zone: Just below the current price, acting as immediate support.
5= Price Targets:
3,448.71 (Equilibrium Level).3,565.32 (Major Resistance).
Market Update:
Trend: Bullish in the short term.
Support: 3,057.24 and the higher demand zone.
Resistance: 3,448.71 and 3,565.32.
Strategy: Look for long entries on retracements to demand zones.
Target resistance levels for profit.
Monitor for pullbacks to 3,057.24 if the immediate support fails.
