$ETH 🚨 Massive Liquidation Alert! 🚨
A $74.2K short position just got wiped out at $2,437.09 on #ETHUSD_PERP! This aggressive move suggests that sellers are getting squeezed, potentially fueling further upside momentum.
📊 Market Outlook:
Ethereum is showing strength after this liquidation event. If bulls maintain control, we could see a push toward the $2,470-$2,500 zone. However, if resistance kicks in, a healthy pullback to $2,420 could offer a new entry point.
⚡ Key Levels to Watch:
🔹 Support: $2,420 / $2,400
🔹 Resistance: $2,470 / $2,500
🔍 Our Take:
With shorts getting trapped, the path of least resistance leans upward—but a break above $2,450 with volume is needed for confirmation. Stay sharp!
#Ethereum #CryptoTrading #LiquidationHunt