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$ETH Showing Bullish Recovery After Liquidity Sweep
$ETH is bouncing back after liquidity was cleared near 1,940. Strong rejection is visible in the 1,937–1,950 zone, with price quickly reclaiming 1,980. Buyers are stepping in aggressively, and price is now holding around 1,990–2,000, compressing beneath the 2,015–2,020 resistance. The 1H chart shows higher lows forming after the flush, signaling potential accumulation before a breakout.
🔹 Entry Zone: 1,980 – 2,000
🔹 Breakout Entry: Above 2,020
🎯 Targets:
TP1: 2,030
TP2: 2,060
TP3: 2,100
🛑 Stop Loss: 1,950
Why This Setup Works:
Liquidity below 1,940 has been swept, sellers failed to continue lower, and buyers reclaimed 1,980, establishing support. A strong break above 2,020 could trigger short-covering, fueling upward momentum toward 2,060–2,100.
Time to watch and trade
$ETH carefully.
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