ETHUSD – 2H Corrective Repricing Channel | Range Redistribution

ETHUSD
ETH is currently retracing after a deep sell-off, forming a rising channel. Bulls remain corrective, not impulsive. A rejection from 3466 or 3834 may trigger continuation of the dominant macro downtrend toward liquidity resting below 2644.

Key Scenarios

📈 Bullish Extension (Short-Term Rally)

Hold 3074 and break above 3466 leads to:

🎯 Target (A) → 3466
🎯 Target (C) → 3834 liquidity sweep zone
📉 Primary Swing Bias → Bearish Continuation

If price rejects 3466–3834 and breaks channel:
🎯 Downside Target → 2644 (full breakdown FVG retest zone)
Current Levels to Watch
Resistance 🔴 3466 → 3834
Support 🟢 3074
Break & close below = bearish strength continuation

⚠️ Disclaimer: Educational analysis only — not financial advice