$ETH I’m watching this move after a clean bounce from the 2912 demand zone and a strong impulsive push higher.
Reason
I’m seeing buyers step in with force after the selloff. Sellers tried to keep price suppressed, but they failed fast. The sharp recovery tells me demand is solid and momentum flipped.
Market read
On the 15m chart, liquidity was swept below 2920 and price reacted immediately. The move toward 2970 was fast and decisive. The current pullback looks like short term profit taking, not weakness. Structure remains bullish in the short term.
Entry point
I’m looking to enter between 2945 and 2965 on a controlled pullback into the breakout area.
Target point
TP1 3000
TP2 3070
TP3 3150
These levels align with psychological resistance and prior supply zones.
Stop loss
2895
If price breaks and holds below this level, the setup fails and I’m out.
How it’s possible
Liquidity below 2920 is taken, weak hands are flushed, and price printed higher highs with strong momentum. As long as buyers defend the breakout zone, continuation toward higher levels is very possible.
I’m staying calm and trading what price confirms.
Let’s go and Trade now $ETH

