$ETH showing bullish recovery setup after aggressive sell-off — bounce loading

The reason is clear — price got rejected from 2400, dumped hard, swept the 2220 low, and instantly bounced. That kind of move usually signals liquidity grab + seller exhaustion.

I'm seeing a clean structure:

Strong up move → distribution near 2400

Sharp dump → weak hands flushed

Quick bounce from 2220 → demand stepped in

Now holding 2250 zone with tight consolidation

This is where reversals usually build.

How it's possible:

The market took liquidity below 2220. Once stops got triggered, selling pressure faded. Smart money accumulates here and pushes price back toward imbalance zones above.

Also:

Clear rejection wick from the lows

Buyers defending 2240–2250 area

Structure trying to shift from downtrend to range

Full Trade Setup:

I'm looking for a relief bounce from this base.

Entry:

2245 – 2260 (on confirmation, small dips holding)

Targets:

1. 2290 (first reaction)

2. 2330 (strong resistance zone)

3. 2370 (imbalance fill)

Stop Loss:

Below 2210 (if broken, continuation down)

What I'm watching:

If 2250 holds → bullish pressure builds

If 2290 breaks → momentum expands

If rejection appears → range continues

Right now it's a reclaim zone. Bulls need to hold and push.

I'm in for the bounce move.

Let’s go and Trade now $ETH