$ETH SHORT LIQUIDITY ZONE IDENTIFIED — STRUCTURE BREAKDOWN IMMINENT ⚡
Entry: 1,600 - 1,643 🔥
Target: 1,555 - 1,498 - 1,432 🚀
Stop Loss: 1,720 ⚠️
This range from 1,600 to 1,643 aligns with the last demand zone where buyers stepped in aggressively. Price has already shown signs of weakness on the 4H chart — failure to hold above the 1,670 midpoint and declining volume on each rally. The presence of a large liquidity cluster above 1,720 makes the stop loss placement logical, but the directional bias is clearly bearish.
The first target at 1,555 sits at a previous order block, and the extension to 1,432 targets a major fair value gap. The R:R on this setup is unfavorable for risk-to-reward unless you scale into targets, but the structure is textbook for a liquidity sweep and breakdown continuation. Are you catching this drop or waiting for a retest of supply?
Not financial advice. Always manage your risk.
#ETH #ShortSetup #Breakdown #Crypto ⚡