What if this $ETH dump was just the setup for the squeeze everyone is about to miss? ๐
Iโm opening a BIG LONG on $ETH here.
TP: $2,352
SL: $2,190 ๐๐ป
Everyone got scared after that sharp drop, and now a lot of traders are leaning heavily bearish.
Thatโs exactly what caught my attention.
Price is reacting from a strong lower area, while a big cluster of short-side liquidity is building above.
So the question is simple:
What happens if buyers keep holding here and all those shorts are forced to cover?
Thatโs the move Iโm trading.
The $ETH chart still looks ugly, sentiment is still fearful, and thatโs why I like the risk here.
If this support holds, I think the next move can surprise a lot of bears.
Iโm opening a BIG LONG on $ETH here.
TP: $2,352
SL: $2,190 ๐๐ป
Everyone got scared after that sharp drop, and now a lot of traders are leaning heavily bearish.
Thatโs exactly what caught my attention.
Price is reacting from a strong lower area, while a big cluster of short-side liquidity is building above.
So the question is simple:
What happens if buyers keep holding here and all those shorts are forced to cover?
Thatโs the move Iโm trading.
The $ETH chart still looks ugly, sentiment is still fearful, and thatโs why I like the risk here.
If this support holds, I think the next move can surprise a lot of bears.
