I’m observing a heavy short position get wiped out near $3331.46, and price stayed elevated instead of pulling back. That behavior points to sellers being caught late while buying interest absorbed the move smoothly.
Price is holding ground above the $3310 reaction band, preserving a strong structural base. Momentum is picking up as forced liquidations strip away selling pressure and clear the path higher. Liquidity is stacked above $3450 and $3650, which often acts as a magnet when buyers keep control.
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I’m observing a heavy short position get wiped out near $3331.46, and price stayed elevated instead of pulling back. That behavior points to sellers being caught late while buying interest absorbed the move smoothly.
EP (Entry Price): $3348
TP1: $3430
TP2: $3535
TP3: $3720
SL (Stop Loss): $3225
Price is holding ground above the $3310 reaction band, preserving a strong structural base.
Momentum is picking up as forced liquidations strip away selling pressure and clear the path higher.
Liquidity is stacked above $3450 and $3650, which often acts as a magnet when buyers keep control.
$ETH