$ETH — Short-Term Bullish Continuation
$ETH is showing strong reaction after a deep liquidity sweep into 2891, followed by an impulsive breakout. Sellers failed to maintain control, and buyers absorbed the selling pressure quickly, setting up a bullish structure. The current pause looks like absorption rather than distribution, favoring continuation.
Trade Setup (Long):
Entry Zone: 2950 – 2985
Take Profit (TP1): 3050
Take Profit (TP2): 3150
Take Profit (TP3): 3300
Stop Loss (SL): 2870
Analysis:
Liquidity below 2900 cleared weak hands.
Price reclaimed the breakout zone with strong momentum.
Holding above the breakout area supports further upside.
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ETHUSDT
Perp
2,970.07
+1.45%