🚨 Ethereum (
$ETH ) Short Liquidation Alert! 🚨
🔥 $5.1076K in short positions just got liquidated at $2,396.8! Shorts are getting crushed, and bulls might be ready to take control. But is this the start of a breakout or just another trap? Let’s find out!
🔍 What’s Next for
$ETH ?
Liquidations often bring more volatility. If bulls push harder, we could see bigger moves ahead.
📍 Buy Zone:
If
$ETH holds above $2,380, bulls remain in charge.
A safer dip buy area is $2,350 - $2,380 for a better entry.
🎯 Target Levels:
1️⃣ $2,420 – First resistance. Breaking this could trigger a stronger move.
2️⃣ $2,480 - $2,500 – Strong resistance zone. Bulls need big volume to break through.
3️⃣ $2,600+ – If momentum explodes, this could be the next stop!
🛑 Stop Loss:
Below $2,320 – If ETH drops here, bears could take back control.
🔥 Final Thoughts:
Short sellers just got wrecked, and
$ETH is heating up! If it breaks $2,420, we could see a strong rally. If it struggles, watch for a retest of $2,350 - $2,380 before the next big move.
Stay sharp, trade smart! 🚀
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