BOOM! $ETHFI EXPLODES SHORTS!
$1.5046K Liquidated at $1.330 – That’s right, the bears just got wrecked!
What’s Cooking Now? Let’s break it down:
Current Scene:
The market just flushed out short positions near $1.33, indicating strong demand and whale accumulation in that zone. This could be the launchpad for a bullish rally!
Technical Analysis:
Buy Zone:
$1.28 – $1.35 → Strong demand area with short liquidations confirming bullish pressure.
Price is showing reversal signs from this range, backed by volume.
Targets:
Target 1: $1.48 – Recent swing resistance
Target 2: $1.62 – Liquidity magnet zone
Target 3: $1.78 – Momentum-based FOMO zone if trend strengthens
Stop Loss:
Below $1.25 → A close below this support invalidates the bullish structure.
Organic Insight:
Smart money never fights liquidation zones – they follow the footprints. The bounce from $1.33 shows that the sellers just handed over control. If $ETHFI holds above $1.35 for the next few candles, momentum traders will jump in, pushing price even higher.
Conclusion:
This isn’t just a bounce – it’s a statement! Watch $ETHFI carefully – it might just be the dark horse of this week.