$ETH
Short Liquidation Alert! $7.57K at $1892.72 – What’s Next?
Ethereum (ETH) just saw a big short liquidation at $1892.72, meaning many traders betting on lower prices got wiped out. This could be a signal of strong buying pressure! So, what’s next? Let’s break it down in simple terms.
🔥 ETH Buy Zone, Target & Stop-Loss 🔥
📌 Buy Zone:
If ETH stays above $1892, it's a good sign for an uptrend.
Best buy range: $1895 - $1910 (Wait for confirmation).
🎯 Target Prices (Take Profit Levels):
1️⃣ $1950 – First resistance level
2️⃣ $1985 – Strong breakout zone
3️⃣ $2020+ – Major bullish target
🔴 Stop-Loss (Risk Management):
$1875 – If ETH falls below this, exit to avoid bigger losses.
📊 Why This Setup?
✅ Liquidation zones often act as reversal points.
✅ ETH holding above $1892 suggests bulls are in control.
✅ Market momentum favors an upside move if Bitcoin (BTC) stays stable.
🚀 Final Thoughts
Watch volume and market sentiment before jumping in.
Don’t chase the price – enter at the right levels.
Stick to your strategy – use stop-loss to protect capital.
📢 Ready for the next ETH move? Stay updated & trade smart! 💰