$ETH is showing a strong bullish reaction after a liquidity sweep, hinting at a short-term trend reversal.
The price swept the 3,024 demand zone and printed a sharp bullish impulse. It has also reclaimed the EMA7 and EMA25 on the 1-hour chart.
Rejection wicks below indicate seller exhaustion, suggesting momentum is shifting bullish. This is occurring despite the EMA99 remaining overhead.
Entry: LONG 3,100 – 3,135
Take Profit targets:
TP1 3,180
TP2 3,250
TP3 3,320
Stop Loss:
🛑 SL 3,020
Bullish continuation is favored as long as ETH holds above the 3,080 support level. A reclaim of the EMA99 would further confirm strength and continuation.
Trade ETH on Binance 👇
#ETH #Bullish #Reversal
