$ETH

ETH Liquidation Data

A significant $114K short position was liquidated at $3,582.88, reflecting strong bullish momentum in Ethereum's market.

This liquidation highlights increasing buying pressure as $ETH gains traction near key resistance levels.

Market Insights:

Price Action: ETH continues to test the $3,580 range, signaling a possible breakout if momentum sustains.

Liquidation Trends: Such large liquidations often act as catalysts, creating volatility and forcing price movements.

Key Levels:

Resistance: $3,600

Support: $3,550

Outlook for Traders:

Watch for a decisive move above $3,600 to confirm further upside potential.

Consider the $3,550 zone for pullbacks or support opportunities.

Stay informed and plan your trades accordingly ETH's next move could be critical!

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