Shorts are getting squeezed on $ETH and buyers are starting to regain momentum after a strong defense from support. The structure is turning bullish again on lower timeframes.
Long $ETH
Entry: 2335 - 2355
SL: 2298
TP1: 2388
TP2: 2435
TP3: 2480
$ETH triggered a short liquidation around 2346.82 and price reacted with immediate bullish pressure. The bounce from support looks solid while buy volume is gradually expanding across the market.
If bulls maintain control above the entry zone, continuation toward higher resistance levels looks very possible. Trapped shorts could continue fueling upside momentum from here.
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