This may signal improving buying pressure and short-term bullish momentum. If ETH maintains acceptance above $2,238, buyers could target the next upside liquidity zones.
Trading Setup (Illustrative)
🟢 EP: $2,238–$2,245
🎯 TP1: $2,260
🎯 TP2: $2,280
🎯 TP3: $2,300
🛑 SL: $2,225
Liquidity Analysis:
Short liquidation around $2,238.29 suggests a possible short squeeze. Holding above the entry zone could support further recovery, while rejection could invalidate the bullish setup.
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