ETH swept liquidity into the $2,200 area after a sharp rejection from the $2,420–$2,440 supply zone.🤓
Price is now trading inside the $2,200–$2,240 demand area. This is the key level for a potential recovery, but buyers still need to prove themselves.
The first confirmation is acceptance above $2,240. A sustained reclaim of $2,240–$2,260 would open the path toward $2,300 and then $2,320.
🤬 Key levels:
• Demand: $2,200–$2,240
• Reclaim zone: $2,240–$2,260
• Targets: $2,300 / $2,320
• Major supply: $2,380–$2,440
If ETH loses $2,200 and fails to reclaim it, the recovery scenario is invalidated and downside continuation becomes more likely.
No chasing. Waiting for confirmation.
🖕 Plan, not prediction.
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