BOOM! $ETH Short Liquidation Spotted!
$2.0258K WIPED at $2555.01 — The Bears are Bleeding!
The short squeeze is ON — and momentum is building. Is $ETH preparing for a massive breakout? Let's break it down:
Technical Analysis (4H & Daily Confluence):
Buy Zone (Support):
$2515 - $2550 → Strong liquidity pool & demand zone where shorts got liquidated.
Entry Price:
$2555 - Market or limit within zone
Targets:
Target 1: $2630 – Minor resistance & profit-taking zone
Target 2: $2710 – Golden pocket of the recent downtrend
Target 3: $2788 – High volume node & psychological resistance
Stop Loss:
Below $2485 – Break of this level invalidates bullish structure.
Why This Trade?
Short Liquidation spike = Bear trap
Volume Surge confirms real buyer interest
RSI Divergence on 4H + MACD Bullish Cross
ETH holding above 200 EMA on 4H
Rating:
9/10 – High-Reward Play
Bulls are charging, and the bears are getting burned alive. Don’t miss the ride if $ETH pushes above $2585 with volume — it could be the launchpad to $2700+!