🟢 $ETH Short Liquidation Alert!
Shorts just got squeezed hard!
A total of $12,494 in short positions were liquidated at $1,849.26 on Ethereum ($ETH).
$ETH This move signals a strong upward momentum as bearish traders get caught off guard.
What This Means:
Sellers betting on downside were forced out of their positions, which typically fuels further buying pressure and short-term rallies.
A liquidation like this often marks a liquidity sweep before a breakout.
Technical Breakdown:
Liquidation Price: $1,849.26
Immediate Resistance Zone: $1,865 – $1,880
Support Zone: $1,830 – $1,845
Breakout Confirmation Level: Above $1,880
Market Sentiment:
Bullish bias strengthening.
With shorts liquidated, the path of least resistance may now be upward—especially if volume and momentum continue.
Strategy Tip:
$ETH Wait for a retest of the $1,845–$1,850 area. If it holds as support, it could be a solid long entry zone with targets around $1,880+.
Bulls in control… for now.
