$ETH showing controlled recovery after a liquidity sweep to the downside.



Structure remains supported with buyers stepping in at key demand.

EP
2320 - 2340

TP
TP1 2360
TP2 2410
TP3 2480

SL
2290

Price swept liquidity below 2325 and reacted sharply, indicating strong demand at lows. Current structure suggests continuation potential as long as price holds above reclaimed support and builds higher lows.

Let’s go $ETH ‌
ETH-2,74%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • 9
  • Share
Comment
Add a comment
Add a comment
GateUser-eccf92a1
· 2h ago
Let's go ETH, but don't forget to watch the 2290 stop-loss line; discipline comes first.
View OriginalReply0
MemeFisher
· 2h ago
I'm more concerned about whether there will be selling pressure near 2410 from previous highs; don't rush too aggressively all at once.
View OriginalReply0
DexterRamen
· 2h ago
2480 this TP3 is a bit ambitious, but if the overall market sentiment cooperates, it's not impossible.
View OriginalReply0
GateUser-8e84d799
· 2h ago
I will wait for the daily chart to close above for confirmation; I've seen too many false breakouts in the short term.
View OriginalReply0
Low-PolyEarth
· 2h ago
If it retraces back to 2340 without breaking and then pulls up again, that would be a textbook bullish structure.
View OriginalReply0
GaslightLatte
· 2h ago
Just a reminder: The market is quite volatile right now, don't open all your positions, just follow the plan.
View OriginalReply0
NeonHalf-MeltedIceCream
· 2h ago
As long as it can hold steady above the support level for the recovery and reach higher lows and highs, it indeed looks like it will continue to rise.
View OriginalReply0
GateUser-26f91b48
· 2h ago
This dip down to below 2325 and then pulling back clearly indicates someone is taking profits.
View OriginalReply0
GateUser-1859b7cd
· 2h ago
It seems that the buyers are very active in the key demand zone, and the rebound is not fake.
View OriginalReply0
View More
  • Pin