🚨$ETH Rocket Ignition or Final Shakeout? ETH Just Made a Statement.
After a brutal long liquidation of $109K at $2478.26, Ethereum ($ETH) has flipped the script—hard. What started as a trap for overleveraged longs might have just turned into the perfect momentum pivot.
📈 Price Action Update:
ETH rebounded sharply from the $2470 demand zone after that liquidation wick, reclaiming the short-term trendline and printing a clean higher low. We're now seeing a bullish engulfing candle on the 4H, pushing ETH above $2550 with strength.$ETH
🔥 Volume Surge:
24H volume just spiked over 30%, confirming a breakout structure with strong buyer conviction—not just noise. This isn’t retail chop; it’s institutional-sized fuel entering the market.$ETH
📊 Technical Levels:
Resistance: $2610 (minor), $2675 (major)
Support: $2470 (liquidation base), $2380 (weekly structure)
Ideal Entry Zone: $2525–$2550 on retest, post-breakout confirmation
🎯 Pro Strategy Setup:
Entry: $2535 (on pullback)
Target 1: $2610
Target 2: $2675
Stop-Loss: $2450 (below structure low)
Risk-reward sits cleanly above 2:1—precision entry, not FOMO.
⏳ Don't Miss the Reclaim Rally
ETH just reclaimed market structure with momentum, and the liquidation flush may have cleared the runway for a sustained upside breakout. Watch the next few candles—they could define this week's trend.