$ETH Short Liquidation Alert
– $21.152K at $2005.25
Ethereum just triggered a significant short liquidation of $21.152K at $2005.25, signaling potential volatility ahead. This liquidation suggests that sellers betting against ETH are getting squeezed, which could fuel further upward momentum.
Ethereum Analysis & Key Levels
Buy Zone
$1985 – $2005 → A retest of this range could offer a solid entry if $ETH finds strong support.
Target Levels
Target 1: $2035 (First resistance level)
Target 2: $2075 (Major resistance, potential breakout point)
Target 3: $2120 (Strong bullish continuation level)
Stop-Loss Recommendation
Conservative traders: $1965 (Below key support)
Aggressive traders: $1945 (Wider stop for higher risk-reward)
Conclusion:
The recent short squeeze could push $ETH higher, but traders should watch for volume confirmation before entering. A break above $2035 could trigger further liquidations, accelerating bullish momentum.
#ETH/USDT #BinanceAlphaAlert