๐จ Massive Shake-Up: Shorts Wiped Out at $4289.35! Is $ETH About to Explode?
๐ Current Price: $4,312
๐ 24H High: $4,356
๐ 24H Low: $4,198
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๐ Market Structure
Support Zone: $4,180 โ $4,200
Resistance Zone: $4,350 โ $4,380
Trend: Strong recovery after short liquidations; momentum favors bulls but overhead resistance is critical.
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๐ Trade Setups
Bullish Scenario:
Entry: $4,300โ$4,320
Targets: $4,380 โ $4,450 โ $4,500
Stop Loss: Below $4,180
Bearish Scenario:
Entry: Rejection near $4,350โ$4,370
Targets: $4,250 โ $4,200
Stop Loss: Above $4,400
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๐ก Expert Insight
Liquidations of $220K in shorts signal aggressive buy pressure. If [COIN] can flip $4,350 into solid support, the path to $4,500+ opens quickly. But failure here could drag price back to the $4,200 demand zone.
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๐ฅ Your Move: Are you riding the bullish momentum or waiting for a rejection? Drop your setups below & letโs trade smarter together.
