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I’m seeing short positions get taken off the board near $2966.3, and price didn’t collapse or stall after that move. The reaction looks controlled, showing selling pressure lost dominance while demand absorbed the flow.
EP (Entry Price): $2992
TP1: $3065
TP2: $3175
TP3: $3350
SL (Stop Loss): $2885
Price is holding above the $2950 reaction area, keeping the market structure supported rather than fragile.
Upside momentum is rebuilding as liquidation activity removes downside weight from the range.
Liquidity is stacked above $3100 and $3280, which often pulls price higher if participation stays active.
$ETH