$ETH Short Liquidation Alert!
Massive move in the market! A short liquidation of $12.32K at $3352.51 just hit ETH (Ethereum), signaling that the bears are losing control and the bulls may take charge soon. Here's the breakdown for the next move:
Buy Zone:
Look to enter between $3300 - $3350. This could be a solid support level if the price stabilizes and starts to move upward.
Targets:
1. First Target: $3450 (Immediate resistance level)
2. Second Target: $3550 (Next key resistance)
3. Final Target: $3700+ (Possible breakout if the momentum builds)
Stop Loss:
Set your stop loss at $3250 to protect against unexpected downturns.
What’s Next?
The short liquidation indicates that Ethereum might be gearing up for a bullish move. If ETH stays above $3350, we could see it test resistance levels at $3450 and beyond. However, if the price drops below $3250, watch for further downside potential.
Keep your eyes on the charts, manage your risk, and trade smart!
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