$ETH I’m seeing a clean sell side liquidity sweep followed by quick stabilization. Price flushed into the 2,967 area, grabbed stops, and bounced back fast. That tells me sellers lost control and buyers defended the demand zone with confidence.

Market read

Sharp drop from the local high, followed by strong wicks and recovery. Price is now holding near the mid range after volatility expansion. This type of move often sets up continuation once liquidity is cleared.

Entry Point

2,972 to 2,985

Target Point

TP1 3,010

TP2 3,060

TP3 3,120

Stop Loss

Below 2,960

How it’s possible

Liquidity was taken below short term support, panic sellers exited, and price failed to accept lower levels. Buyers stepped in quickly and reclaimed structure. If this zone holds, rotation back toward the highs becomes likely. This is a classic stop hunt and reclaim setup.

I’m comfortable with this setup as long as the demand zone holds.

Let’s go and Trade now $ETH