#MarketRebound
USDT - Strong Liquidation of Short Positions! Bullish Momentum! 🚀🔥
📍 Current Price: $2,633.66 (+3.9%)
ETH has led to significant pressure on short positions, with $3.66 thousand in sell orders at $2,633.66! Bulls dominate the one-hour chart, breaking through a key resistance level, pushing the price higher.
📊 Key Levels:
Highest Price in 24 Hours: $2,650
Lowest Price in 24 Hours: $2,520
Support: $2,590
Resistance Area: $2,700 and above
📈 Trading Setup:
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 is increasing alongside rising prices
💡 Professional Tip:
If the ETH price closes a candle on the one-hour timeframe above $2,650 with strong trading volume, expect the trend to continue towards $2,700 and above.