$ETH experienced a long liquidation near 3011.8 after failing to hold above short-term resistance. The liquidation cleared excess leverage, and follow-through selling eased quickly, indicating a corrective reset rather than structural breakdown. If ETH stabilizes above demand and reclaims structure, a recovery rotation toward higher resistance remains likely.
EP: 2965 – 3020
TP: 3100 / 3220 / 3350
SL: 2905
Mean-reversion recovery setup with disciplined risk management.
ETHUSDT
Prep
2,971.9
-1.81%