A fast reclaim after a sweep usually offers cleaner risk than breakout chasing.
$ETH flushed below short-term support and recovered quickly, signaling a liquidity grab rather than structural breakdown. This matters because sellers failed to gain acceptance below the range. Momentum stays neutral to positive if the range low is respected.
Entry Price (EP): 2,800 – 2,860
Trade Targets (TG1, TG2, TG3): 2,940, 3,020, 3,120
Stop Loss (SL): 2,740
As long as ETH holds above 2,800, the path of least resistance remains higher.
