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$ETH daily ANALYSIS ORDER BLOCKS & DEMAND ZONES IN PLAY
ETH is at $2,019, down 2% after rejecting from $2,088 high.
Chart structure (15m Order Flow):
The chart shows two key Order Blocks (OB) – one near $2,040 and another major one near $1,920.
A clear Demand Zone is marked between $1,940 and $1,960.
Key levels from order book:
Resistance: $2,020 - $2,040 (heavy ask walls)
Support: $2,000 (psychological), then $1,958, $1,920 (OB)
Market data:
Volume at 382k ETH traded – $781M USDT
Order book shows 88% ask side – heavy selling pressure
Now the market may go:
🟢 Bullish : Hold above $2,000 and reclaim $2,040. Next targets: $2,088 → $2,120 → $2,200.
or IFF THERE IS A BREAKOUT ON THE LOWER SIDE
🔴 Bearish scenario: Break below $2,000 tests the Demand Zone at $1,940-$1,960. Loss of that opens $1,920 (Order Block) and $1,850 next.
ETH is range-bound between $2,000 and $2,040.
Breakout direction determines next leg.
Watch the Order Blocks – they're where institutions placed bids/asks.
ETH at decision point.
#ETH #Ethereum #Orderflow $RESOLV $PIXEL