ETHUSD reacted strongly from the key demand zone after sweeping liquidity below support, showing clear buyer strength entering the market. Price reclaimed the short-term structure and is now holding above the 2090–2100 support area, indicating a possible shift from bearish momentum to bullish continuation.
The recent bullish impulse suggests sellers are losing control while buyers attempt to build higher lows. If price breaks and sustains above the 2115–2140 resistance region, bullish continuation toward 2149 and higher levels becomes more likely.
As long as ETH remains above the 2078 support level, the bullish trend shift scenario stays valid with upside momentum gradually building.
Trade active
Trade closed: target reached
Strong momentum in the market
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.