$ETH Sweep. Reclaim. Launch Mode

Clean sell-side liquidity sweep into 2,961, stops wiped, panic sold and then instant recovery. That long lower wick tells the story: sellers failed, buyers stepped in hard.

Market Read

Sharp downside impulse ➝ liquidity taken ➝ price reclaimed the intraday range. Volatility already expanded, so this sets up a reaction move higher. Classic sweep & reclaim behavior.

Trade Plan

Entry: 2,965 2,975

Stop: Below 2,958

TP1: 2,995

TP2: 3,040

TP3: 3,100

Why This Works

Liquidity was grabbed below short-term support, weak hands sold the low, and price rejected lower levels immediately. Structure reclaimed fast. As long as this demand zone holds, rotation back toward the highs is in play.

I’m locked in while demand holds.

Let’s go trade $ETH