ETH/USD – Potential Bullish Reversal from Extreme POI !Analysis:
The chart suggests Ethereum is currently trading inside a strong Extreme Point of Interest (POI) after a series of Breaks of Structure (BOSS) to the downside. Price has entered a demand zone that may trigger a bullish reversal.
Key observations:
Downtrend Structure: Multiple BOSS confirmations show sustained bearish momentum leading into the Extreme POI.
Extreme POI (Demand Zone): Price is consolidating inside a deep demand area marked in red, indicating potential accumulation by buyers.
POI Reaction Expected: If price maintains support here, a bullish reversal is likely.
Fair Value Gaps (FVG):
Two major FVGs above act as logical bullish targets for price inefficiency fill.
Projected Price Path:
The drawn projection suggests:
Short-term bounce from POI
Breakout structure upward
Continuation toward higher FVG fills around $2,962, $3,130, and possibly $3,192 – $3,220.
Bias:
▶ Bullish, as long as price remains above the Extreme POI.
A breakdown below would invalidate the setup and continue the downtrend.
This is a strong smart-money style setup with a clean narrative:
Demand → Break of structure → FVG fill → Higher targets.
