$ETH

The short liquidation around $2341.88 highlights a strong upside impulse that forced bearish positions to close rapidly, reinforcing bullish momentum. Price is now holding above an important support zone near $2290, which previously acted as resistance before the breakout. As long as this level remains intact, continuation toward the first resistance around $2415 is likely. A decisive break above that zone could send ETH toward the next target near $2520 where heavy selling occurred earlier. Volume flow supports strength after the squeeze, often a sign of sustained trend movement. On the downside, losing $2290 could invite a pullback toward $2215 before buyers regain control. Overall market structure favors bullish continuation following the liquidation-driven breakout. $ETH ‌