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I’m seeing a sizable short squeeze around $2134.76, and price stayed resilient instead of rejecting the level after that event. That reaction shows sell pressure was absorbed while buyers maintained control of the zone.
EP: $2148
TP1: $2205
TP2: $2290
TP3: $2410
SL: $2068
Price is holding above $2134, keeping the structure constructive.
Momentum is strengthening as the liquidation removes bearish pressure from the move.
Liquidity clusters sit near $2240 and $2360, which can attract the next upside expansion.
$ETH