The ETH Pump Was a Liquidity Trap

Entry: 3390-3460 🟩

Target: 3210 🎯

Stop Loss: 3560 🛑

$ETH just saw a vertical rip straight into heavy resistance and the market flipped instantly bullish. That is the perfect short setup. We are seeing major profit-taking pressure right now. This move was not supported by fresh fundamentals or an ETF catalyst; it was pure liquidity grab. The higher timeframe structure is still corrective. Late buyers are walking into a short-term trap. A controlled pullback is the high-probability move now. Spot traders, do not chase; wait for the 3150-3200 zone. Protect capital.

This is not financial advice. Trade at your own risk.

#ETH #CryptoTrading #Altcoins #Shorts

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ETH
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