#EthereumSecurityInitiative ETHEREUM EXPLOSION LOADING?
$44.6K SHORTS LIQUIDATED at $2470.11!
The bears just took a massive hit—$44,679 worth of $ETH shorts liquidated in a flash at $2470.11. This could be the spark of a bullish reversal!
Here’s the breakdown:
Buy Zone:
$2445 – $2485
Price is sitting just above a key support range. Smart money may be loading up after the short squeeze.
Short-Term Target:
$2555 – First resistance
$2620 – Breakout zone
$2750 – Bullish Extension if momentum continues
Stop Loss:
$2410
Keep risk tight. If price breaks below $2410, bulls may lose short-term control.
Analysis:
Liquidation flush shows weak hands are exiting.
Price holding above the 200 EMA on 1H chart.
RSI recovering from oversold—bullish divergence building up.
Volume spike confirms potential trend shift.
Watch Closely: If $ETH flips $2555 into support, we could see an aggressive rally. Eyes on volume and reaction to $2620 level!
Are the bulls finally taking back the throne? Or will the bears strike back harder?
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