$ETH triggered a notable short liquidation near 2962, confirming bearish positioning was invalidated as price reclaimed an important intraday level. Acceptance above the liquidation zone strengthens bullish structure and favors continuation rather than rejection. Momentum remains constructive while higher lows are maintained, suggesting pullbacks are likely to be absorbed.
EP: 2930 – 2970
TP: 3050 / 3180 / 3350
SL: 2870
Continuation-biased setup driven by short squeeze dynamics and clean structure.
ETHUSDT
Perp
2,918.85
-4.03%