ETH Deep Pullback Into Strong Support Zone

$ETH saw a sharp selloff and tapped a very important intraday support near 3080. Price reacted immediately from this level, which shows buyers are still defending aggressively. This move looks like a liquidity sweep and fast correction, not a structural breakdown. As long as ETH holds above this demand zone, a recovery move is very likely.

Coin Name

$ETH Bullish Support Reversal Setup

Entry Point (EP)

3075 – 3090 zone

Target Points (TP)

TP1 3125

TP2 3180

TP3 3250

Stop Loss (SL)

3035

Reasons

Strong reaction from key support near 3080

Sharp selloff indicating possible liquidity grab

Buyers stepping in immediately after the drop

Higher timeframe structure still intact

Clear risk to reward from demand zone

This setup stays valid while price holds above support. Volatility is high, but structure favors a bounce.

Let’s go Trade now $ETH