Holding 2500 could pump $ETH towards 2800
I'm watching a potential LONG on $ETH 🚀
TP: $2,560 / $2,680
SL: $2,465
You know why I'm watching ETH for a LONG?
That sharp wick near $2,400 is the part that caught my attention.
Price sold off aggressively, swept below the recent lows, and then bounced back with a major volume spike. That suggests buyers stepped in when selling pressure reached an extreme.
But here's the key.
A liquidity sweep alone doesn't confirm a reversal. ETH is now testing the $2,500 area, and I want to see buyers reclaim that level and defend it as support.
If price loses the recovery and breaks back down, I'm not forcing the trade.
Confirmation first. Execution second. 📈
I'm watching a potential LONG on $ETH 🚀
TP: $2,560 / $2,680
SL: $2,465
You know why I'm watching ETH for a LONG?
That sharp wick near $2,400 is the part that caught my attention.
Price sold off aggressively, swept below the recent lows, and then bounced back with a major volume spike. That suggests buyers stepped in when selling pressure reached an extreme.
But here's the key.
A liquidity sweep alone doesn't confirm a reversal. ETH is now testing the $2,500 area, and I want to see buyers reclaim that level and defend it as support.
If price loses the recovery and breaks back down, I'm not forcing the trade.
Confirmation first. Execution second. 📈