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$ETH Signal】Bullish | Healthy Reset After Liquidation Cleanup
$ETH Price decline accompanied by high open interest presents a typical long liquidation shakeout, rather than a major player offloading. This is a healthy reset before a breakout.
🎯 Direction: Long
🎯 Entry: 2950 - 2975
🛑 Stop Loss: 2880 ( Rigid Stop Loss )
🚀 Target 1: 3050
🚀 Target 2: 3120
Price drops but open interest remains high, indicating a liquidation-driven decline rather than active selling pressure. The market continues to absorb sell orders above the key support zone (2950), with multiple long lower shadows on the