$ETH squeezed shorts near 3015, then retraced slightly and is consolidating above the psychological 3000 level — a classic continuation setup after impulse.
Market Sentiment: Short liquidations signal bullish pressure, but follow-through depends on volume expansion above 3050. Trend remains constructive while holding above 2950.
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$ETH squeezed shorts near 3015, then retraced slightly and is consolidating above the psychological 3000 level — a classic continuation setup after impulse.
Key Levels
Support Zone: 2950 – 2920
Breakout Trigger: Acceptance above 3050
Major Resistance: 3120 – 3200
Long Trade Plan
Entry Range: 2960 – 3000
TP1: 3050
TP2: 3120
TP3: 3200
Stop Loss: 2880
Market Sentiment: Short liquidations signal bullish pressure, but follow-through depends on volume expansion above 3050. Trend remains constructive while holding above 2950.
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