SHORT LIQUIDATION ALERT: $ETH
Recent market action indicates a notable short liquidation event for $ETH , with a staggering liquidation value of $11,613K executed at a price point of $3,352.44.
This could mark a pivotal moment for traders positioned in the Ethereum market.
ENTRY POINT:
Consider entering a long position at $3,352.44, seizing the opportunity presented by the recent volatility.
TARGET:
Aiming for a robust target of $3,550 for those looking to capitalize on upward momentum.
STOP LOSS:
Implement a conservative stop loss at $3,200 to safeguard against potential downturns.
WIN LOSS RATIO:
With a calculated target of $3,550 and a stop loss at $3,200, the win-loss ratio stands at approximately 3:1, providing an attractive risk-reward profile for traders.
Traders must remain alert and agile, as market conditions can shift rapidly in the world of $ETH .
Investment Disclaimer
Investments are subject to high market risks, including extreme volatility, regulatory changes, and the potential loss of principal. Past performance does not guarantee future results. Always assess your risk tolerance, conduct thorough research, and consult a financial advisor before making any investment decisions.