$ETH is showing signs of a tactical squeeze near the $3,325 resistance. While the broader trend is recovering, recent long liquidations suggest a brief cooling-off period before the next major leg up.
Entry Zone: $3,300 – $3,315
Bullish Confirmation: Above $3,350
Bearish Confirmation: Below $3,275
Targets:
TP1: $3,405
TP2: $3,460
TP3: $3,550
Stop-Loss: $3,240
Analysis:
Current price action is pinned between the 20-day EMA and the upper boundary of a symmetrical triangle. Liquidations have cleared out some late buyers, which often paves the way for a more sustainable move toward the December peaks.
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