$ETH I’m seeing a clean sell side liquidity sweep followed by fast recovery. Price flushed into the 2,961 zone, grabbed stops below support, and bounced back immediately. That tells me sellers failed to take control and demand stepped in hard.
Market read
Strong downside impulse, long lower wick, and price reclaiming the intraday range. Volatility already expanded, so a reaction move is expected after this sweep.
Entry Point
2,965 to 2,975
Target Point
TP1 2,995
TP2 3,040
TP3 3,100
Stop Loss
Below 2,958
How it’s possible
Liquidity was taken below short term support, panic sellers sold the low, and price rejected lower levels instantly. Buyers reclaimed structure fast. If this zone holds, rotation back toward the highs becomes likely. This is a classic sweep and reclaim setup.
I’m comfortable with this setup as long as the demand zone holds.
Let’s go and Trade now $ETH



