Post
Marcus Corvinus
·
--
Bullish$ETH is on my radar because price swept the local low near 2924 and then exploded upward with strong momentum. That move tells me sellers got trapped and buyers stepped in aggressively. The push above 3000 was clean, and the pullback from the spike is controlled. I’m seeing strength, not exhaustion.
Market read.
I’m focused on the 15 minute structure. ETH formed a clear higher low and then printed a strong vertical expansion. After taking liquidity near 3018, price pulled back with smaller candles and wicks. That usually means the market is pausing, not reversing.
Entry point.
I’m interested in entries around 2980 to 3010. This zone is acting as a bullish retest after the impulse move. I want price acceptance here, not chasing the wick.
Target point.
TP1 3050
TP2 3120
TP3 3250
These targets align with liquidity above the recent high and the next expansion zones. If momentum stays strong, price can extend naturally.
Stop loss.
My invalidation is clear. Stop loss below 2940. If price loses this level, the short term bullish structure breaks and I’m out.
How it’s possible.
I’m seeing a classic liquidity sweep followed by trend continuation. Weak hands sold the bottom, strong buyers absorbed and pushed price aggressively. If ETH reclaims 3020 with volume, momentum can accelerate fast as confidence stays high.
I’m keeping it simple. Trend is up, pullback is healthy, structure is bullish.
Let’s go and Trade now $ETH
Market read.
I’m focused on the 15 minute structure. ETH formed a clear higher low and then printed a strong vertical expansion. After taking liquidity near 3018, price pulled back with smaller candles and wicks. That usually means the market is pausing, not reversing.
Entry point.
I’m interested in entries around 2980 to 3010. This zone is acting as a bullish retest after the impulse move. I want price acceptance here, not chasing the wick.
Target point.
TP1 3050
TP2 3120
TP3 3250
These targets align with liquidity above the recent high and the next expansion zones. If momentum stays strong, price can extend naturally.
Stop loss.
My invalidation is clear. Stop loss below 2940. If price loses this level, the short term bullish structure breaks and I’m out.
How it’s possible.
I’m seeing a classic liquidity sweep followed by trend continuation. Weak hands sold the bottom, strong buyers absorbed and pushed price aggressively. If ETH reclaims 3020 with volume, momentum can accelerate fast as confidence stays high.
I’m keeping it simple. Trend is up, pullback is healthy, structure is bullish.
Let’s go and Trade now $ETH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.