Massive Short Liquidation $A - Is the situation changing? A surprise short liquidation of 1.7681 thousand USD was triggered at 0.7236 USD, shaking the bears and indicating a potential shift in momentum. When short positions are squeezed, it often paves the way for strong bullish moves - and this is no exception. This area may represent the beginning of a significant breakout. Technical Analysis Liquidity Area: The liquidation at 0.7236 USD represents a critical liquidity zone. Bears heavily defended the price before this breakout. Now, with short positions eliminated, it opens the door for aggressive buyers to take control.
🗼Support Area: 0.7150 USD - 0.7236 USD This area is now considered a strong demand zone. If the price holds within this range, the bulls may prevail in the short term. Trading setup (normal and calculated)
🗼Buying Area: 0.7190 - 0.7245 USD An ideal accumulation area after the liquidation, where bullish interest may continue to grow.
🗼Target 1: 0.7480 USD Previous resistance, a potential profit-taking area.
🗼Target 2: 0.7675 USD High probability of a breakout if trading volume supports this move.
🗼Target 3: 0.7890 USD If momentum remains strong and no new selling pressure appears, this level becomes realistic.
🗼Stop Loss: 0.7090 USD below the support base and last consolidation area. If the price closes below this level, the bullish structure will collapse. The summary is that this liquidation was not just a bounce. It may have flipped the scene from bearish pressure to bullish ignition. Watch the price behavior around 0.7236 USD - if the bulls maintain their strength, we could witness a strong trend reversal beginning. #A #BinanceAlphaAlert #MarketPullback #ElonMuskDOGEDeparture #TrumpTariffs $ETH $BNB
