Ethereum Analysis: Demand Zone Signals Potential Reversal

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Ethereum Analysis: Demand Zone Signals Potential ReversalEthereum / U.S. dollarBITSTAMP:ETHUSDLunadigitalETHUSD is approaching a high-probability Point of Interest (POI) after a corrective decline from recent highs. The highlighted demand zone around 1780–1790 aligns with previous market structure and could attract fresh buying interest. A liquidity sweep into the POI followed by a strong bullish reaction may confirm the continuation of the overall uptrend. If buyers regain control, Ethereum could target the recent swing highs, with the next major resistance located around 1953. Key Technical Levels * Market Bias: Bullish * Support (POI): 1780–1790 * Trend: Bullish after correction * First Confirmation: Strong bullish rejection from the POI * Target: 1953 This analysis is based on price action, market structure, liquidity concepts, and demand zone analysis. Always wait for confirmation before entering a trade and follow proper risk management. ⸻ Not Financial Advice. This analysis is for educational purposes only. Always do your own research and manage your risk before trading.