$ETH ETH/USDT - $31.5 thousand losing short positions at $2,347! Bulls are at full strength!

$31.53 thousand losing short positions at $2,347.70

Ethereum has made a strong rise, overcoming short sellers and regaining control above a critical level.

This move could be the spark for a broader upward wave.

📈 Momentum Trading Setup (Breakout Play):

• Entry Zone: $2,340 - $2,355 (look for confirmation or a retest of the bounce)

• 🎯 Profit Target 1: $2,420

• 🎯 Profit Target 2: $2,495

• 🎯 Profit Target 3: $2,590

• 🛑 Stop Loss: below $2,300

Market Overview:

This type of broad liquidation often signals a shift in market dominance.

If the price of $ETH maintains its price above $2,355 with strong trading volume, expect bulls to push higher aggressively.

Pro Tip:

Watch for a strong hourly close above $2,360 with increased trading volume.

This is your green light to enter a strong breakout.

The price of $ETH just surpassed the resistance level - short selling has ended, and bulls are gearing up for a rise.

This chart is set up - pin it and watch closely!

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ETH

2342

+6.04%