Ethereum (ETH/USDT) – Key Reversal Zone Retest

After a major CHoCH (Change of Character) on the 4H timeframe, Ethereum has shown a strong bullish move from a high-probability demand zone and is now retesting a critical resistance area aligned with the Left Shoulder of a classic RTM pattern.

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🔍 Key Technical Elements:
• CHoCH confirms the shift from a distribution phase to accumulation.
• Strong reaction from a demand zone near $3,340–$3,380.
• Price is now testing the Left Shoulder, which often acts as a reaction zone before continuation.

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📌 Potential Scenarios:

🔼 Bullish Case (Primary):
If ETH breaks and closes above $3,870, a move toward the next liquidity pool around $4,010–$4,050 is likely.

🔽 Bearish Case (Alternative):
Failure to hold above the current resistance may lead to a pullback toward the $3,340–$3,380 demand zone for another accumulation attempt.

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💡 Educational Note:

In RTM methodology, retests of the Left Shoulder after CHoCH are considered one of the most efficient entry zones — especially when confluence with liquidity voids or imbalance exists.

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