$ETH Alert: $50.8K Short Liquidation at $3,609.86 Sparks Bullish Surge!
A significant $50.8K short position was liquidated at $3,609.86, suggesting strong buying momentum.
This liquidation could fuel further gains, as the bulls take advantage of weakening bearish pressure.
Next Moves for $ETH Traders:
1. For Buyers:
Targets Ahead:
If ETH breaks $3,620, the next stops could be $3,650 and $3,700.
Consider entries on pullbacks around $3,620–$3,630, with a stop-loss below $3,600 for safety.
2. For Sellers:
Look for resistance near $3,650–$3,670.
A failure here could lead to a correction toward $3,580 or lower.
Keep stop-losses tight, as momentum currently favors the bulls.
Key Levels to Track:
Support: $3,600, $3,580
Resistance: $3,650, $3,700
$ETH is gaining strength—be ready for sharp moves and stay disciplined in managing your trades!
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