$ETH Short Liquidation Update: $9.12K Liquidated at $1,560.32
Buy Zone: $1,545 – $1,565
Targets: $1,585 and $1,610
Stop Loss: $1,530
Analysis:
A $9.12K short liquidation just hit $ETH at $1,560.32, signaling aggressive short positions getting squeezed. This surge indicates renewed buying pressure and potential for upward continuation, especially if Bitcoin remains stable or climbs. The current zone is favorable for entries, as ETH pushes above key intraday resistance levels. If momentum builds, ETH could easily reclaim $1,585 and shoot for $1,610. Watch for confirmation on lower timeframes—volume and structure are the keys here.
Closing:
Short squeezes don’t wait—stay sharp, ride the wave, and follow for precise liquidation updates and trade zones.
