$ETH USDT - Strong liquidation of short positions! Bullish momentum! 🚀🔥
📍 Current price: $2,633.66 (+3.9%)
ETH has put significant pressure on short positions, with sell orders worth $3.66 thousand at $2,633.66! Bulls dominate the one-hour chart, breaking through a key resistance level, pushing the price up.
📊 Key levels:
24-hour high: $2,650
24-hour low: $2,520
Support: $2,590
Resistance area: $2,700 and above
📈 Trading settings:
Entry area: $2,600 - $2,635
Profit target 1: $2,700
Profit target 2: $2,780
Profit target 3: $2,850
Stop loss: $2,570
📉 Market structure:
Clear higher highs and higher lows on the one-hour timeframe
Short selling pressure fuels strong buying momentum
Trading volume increases alongside rising prices
💡 Professional tip:
If the ETH price closes a candle on the one-hour timeframe above the $2,650 level with strong trading volume, expect the trend to continue towards $2,700 and above
⚡ Increasing momentum - Stay alert
