$ETH is here because price just swept short-term liquidity and tapped a clean intraday support after a controlled pullback. This move doesn’t feel rushed — it feels like a reset after rejection, and that often opens space for a clean reaction.

Market read

ETH pushed higher, failed to hold the upper range, and then stepped down in a structured move. Selling pressure increased into the lows but slowed exactly at a level where buyers reacted before. Now price is pausing with smaller candles, which tells me sellers are losing control. This is usually where the next decision is made.

Entry point

I’m looking to enter between 2,944 – 2,950

This zone aligns with the recent low sweep and short-term demand.

Target point

TP1: 2,980

TP2: 3,040

TP3: 3,120

These levels match prior rejection zones and liquidity resting above.

Stop loss

2,915

If price loses this level, the structure breaks and the setup is invalid.

How it’s possible

The drop was sharp but not aggressive. Volume didn’t expand in a way that signals continuation selling. ETH is holding above a key base where buyers stepped in earlier. If price reclaims the short-term range, momentum can flip fast and force late sellers to cover into higher levels.

Risk is clear, structure is clean, and reward justifies the trade.

Let’s go and Trade now $ETH