$ETH took a heavy long liquidation at $3197.19, shaking out weak hands and leaving the chart loaded with tension. Sharp drops like this often create powerful bounce zones. Watch how quickly traders jump back in when momentum shifts.

EP: $3190

TP: $3320

SL: $3115

$ETH ends with a setup that feels ready to flip fast.

ETHUSDT

Perp

3,200.69

-3.67%