ETHUSD | CPI Liquidity Grab Into Key Supply Zone

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ETHUSD | CPI Liquidity Grab Into Key Supply Zone Ethereum / USDBINANCE:ETHUSDAurum_ForexFollowing the CPI release, Ethereum delivered a sharp impulsive move higher and swept liquidity into the major higher-timeframe supply zone around $2,635-$2,645. From a market structure perspective, the rally appears to have reclaimed the previous range high while simultaneously testing a significant resistance area. The highlighted blue zone near $2,525-$2,530 now becomes a key decision level, as price may revisit this area after the news-driven expansion. 🔍 Technical Observations: ✅ CPI volatility pushed price directly into HTF resistance ✅ Liquidity sweep completed near the upper supply zone ✅ Previous consolidation range broken aggressively ✅ Watching for a potential retracement after the impulsive move 🎯 Potential Bearish Objectives: 🥉 Target 1: $2,525 🥈 Target 2: $2,445 🥇 Target 3: $2,360 ⚠️ A strong acceptance above $2,640 would weaken the rejection scenario and could invalidate the bearish outlook. This analysis represents a possible market scenario based on current structure, liquidity positioning, and post-CPI price action. 📌 Market remains highly volatile after economic news releases. Trade accordingly. Note: This chart is for educational purpose only not for financial advise.