ETH just faced a major shake-up as a $60K long position was liquidated at $4,205.47, sending shockwaves through the market. Currently trading around $4,196, ETH is showing high volatility with a 24H range between $4,165 and $4,316. Key support lies near $4,170, while strong resistance is sitting at $4,320. A breakout above resistance could open doors toward $4,400–$4,500, but failure to hold above $4,300 may invite a sharp drop back to $4,180.

For aggressive traders, ETH offers both long and short opportunities. A long setup triggers above $4,320 with tight stop-losses, while shorts could be placed near $4,320–$4,330 aiming for $4,250 and below.

Pro tip: Always watch trading volume at breakout points—fakeouts are costly in volatile markets.

Will $ETH conquer the $4,320 zone or slip back to its support? Share your strategy and let’s see who calls it right.