$ETH is reacting after a sharp sell off that flushed late longs and forced panic exits. I’m watching this because the sell pressure already did its job and price is now stabilizing above a key reaction low.

Reason

ETH dropped fast from the 3000 zone and printed a clear liquidity sweep near 2900. That move cleaned the book. Buyers stepped in immediately and defended the low. This tells me selling momentum is slowing.

Market read

On the lower timeframe the impulse down is complete. The bounce is not random. It’s coming from a demand pocket where price previously expanded. I’m seeing higher lows forming after the sweep. That usually opens room for a controlled push.

Entry point

2925 to 2950

Target point

TP1 3005

TP2 3070

TP3 3150

Stop loss

2885

How it’s possible

The move down was aggressive and emotional traders exited late. Now supply is reduced. If ETH holds above the 2900 base and keeps printing higher lows, buyers can slowly squeeze price back into the prior range. Once 3005 breaks, momentum traders usually step back in and fuel continuation.

I’m focused, risk is defined, structure is clear.

Let’s go and Trade now $ETH