š¢ $ETH Short Liquidation: $7.33K at $3856.32
Shorts are getting flushed. ETH is regaining strength.
š Trend: Bullish
Liquidation of shorts signals rising demand.
Price is pushing higher with solid momentum.
š Market Sentiment:
⢠Bulls are back in control
⢠Traders expecting a breakout
⢠Shorts are closing fast to avoid deeper losses
š” Next Move:
Buy or Hold ā strength is building
Look for volume confirmation above resistance for new entries
šÆ Upside Targets:
⢠Target 1: $3900
⢠Target 2: $3980
⢠Target 3: $4050
š Stop Loss: $3815
š¼ Resistance: $3890
š» Support: $3820
Summary:
$ETH is squeezing out the shorts.
With bullish pressure rising and resistance within reach,
a clean break above $3890 could open the door for a strong rally.
Tight risk, high reward setup unfolding.
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