$ETH just bounced cleanly from 3167.07 and I’m seeing how the chart is trying to form support on the 15m after that sharp sweep. That move grabbed liquidity and removed weak positions. When ETH does this, the next step is usually a slow base forming before any push. I’m watching how price keeps holding around 3188 to 3195. Every dip into this zone gets a small reaction, which shows buyers are still here.
I’m also seeing how the rejection from 3223.61 didn’t break the structure. Instead, ETH is moving inside a tight range. This often means the market is preparing for a small bounce because the downside has already been cleaned and the path toward the upper imbalance is open.
Entry Point
3185 to 3195
Target Point
TP1: 3220
TP2: 3248
TP3: 3275
Stop Loss
3159
How it’s possible
The sweep at 3167.07 created the base. I’m seeing higher reactions forming slowly which means buyers are trying to build strength again. If ETH holds the entry zone, it can climb back into the imbalance and retest the upper wick zones step by step.
Let’s go and trade now $ETH


