$ETH shows a strong short squeeze at $2192, indicating aggressive bearish positioning got invalidated. This type of liquidation typically fuels continuation when supported by structure, and ETH is holding above key intraday support.
EP: $2175 – $2200
TP1: $2250
TP2: $2310
TP3: $2380
SL: $2135
Trend is bullish with higher highs and higher lows forming on intraday structure.
Momentum is strong after the short squeeze, signaling continuation strength from trapped sellers.
Price is likely to expand upward toward higher liquidity clusters above $2250.
ETHUSDT
Perp
2,181.6
-6.29%
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