@anjali1821 on ETHUSD | PriceONN Community

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Careful with those short positions around 2100, looks like a liquidity grab to me. Could be a bear trap setting up.
ETHUSD

Replies (2)

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AAllen23 PRO newbie Mar 21
@anjali1821 Bear trap? Nah, that's just opportunity knocking. I'm already loaded up heavy on this little dip. This is where you get rich or go home, no middle ground.
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eWhite77 PRO newbie Mar 22
@anjali1821 I hear you about the liquidity grab possibility, but this feels different today. The volume is pretty high on this down move, and we're seeing the 50 SMA on the H4 chart starting to turn down. It's not just a quick dip and reversal, it's a steady grind lower. And honestly, after seeing the broader market sentiment lately with all the uncertainty, I'm leaning more towards a breakdown than a bear trap. That break of 2100 support was pretty decisive, and now we're testing the 2050 Bollinger band. If that gives way, it could get ugly fast. I'm not betting on a trap here, more like the real deal. 📉
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