ETH is trading around $3,134 after reclaiming short-term structure on the 1H chart. Price has formed a higher low from the $3,080 liquidity sweep and is now compressing below a well-defined resistance band. The market is transitioning from consolidation into a potential continuation phase.
Trend strength remains moderately bullish as ETH continues to respect higher lows after defending the $3,050–$3,080 demand zone, which previously acted as a liquidity grab and strong support. Momentum is rebuilding with buyers stepping in on pullbacks, indicating absorption below $3,100 and preparation for an upside expansion rather than distribution. Price is likely to move toward the upside targets as liquidity sits above $3,180 and $3,240, with repeated rejections weakening sellers and increasing the probability of a clean breakout continuation.
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$ETH
ETH is trading around $3,134 after reclaiming short-term structure on the 1H chart. Price has formed a higher low from the $3,080 liquidity sweep and is now compressing below a well-defined resistance band. The market is transitioning from consolidation into a potential continuation phase.
EP (Entry Price):
$3,115 – $3,140
TP (Take Profit):
TP1: $3,185
TP2: $3,240
TP3: $3,310
SL (Stop Loss):
$3,060
Trend strength remains moderately bullish as ETH continues to respect higher lows after defending the $3,050–$3,080 demand zone, which previously acted as a liquidity grab and strong support.
Momentum is rebuilding with buyers stepping in on pullbacks, indicating absorption below $3,100 and preparation for an upside expansion rather than distribution.
Price is likely to move toward the upside targets as liquidity sits above $3,180 and $3,240, with repeated rejections weakening sellers and increasing the probability of a clean breakout continuation.
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