šŸ”„ $ETH Liquidation Alert: $11.697K Shorts Wiped Out at $3,314.41! šŸ”„

Ethereum ($ETH ) just experienced a short liquidation worth $11,697 at $3,314.41, signaling strong bullish momentum. This short squeeze could trigger a bigger price movement, and the market is heating up. Are you ready to make your next move? Letā€™s break it all down!

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Key Levels for Ethereum ($ETH)

1. Buy Zone:

$3,300 - $3,320: Ideal range for short-term entries.

$3,200 - $3,250: Stronger support zone for long-term positions if the price dips further.

2. Target Levels:

Short-term targets: $3,400 ā†’ $3,450.

Mid-term targets: $3,600 ā†’ $3,700.

3. Stop Loss:

Set your stop loss below $3,200 to minimize risks.

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Whatā€™s Next for ETH?

šŸš€ Bullish Scenario:

If ETH stays above $3,300 and maintains strong buying pressure, it could hit $3,400 and test $3,450. A breakout above $3,450 could ignite a rally toward $3,600 or even $3,700 in the coming days.

āš ļø Bearish Scenario:

If ETH slips below $3,300, it might retest the $3,250 support zone. A break below $3,200 could send it lower toward $3,100 or even $3,000.

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Things to Watch

1. šŸ“ˆ Volume Trends: Rising volume near $3,300-$3,320 would confirm bullish momentum. Low volume could indicate hesitation.

2. šŸŒ Market Sentiment: Bitcoin and the overall market trend will play a big role. A positive sentiment could further push ETH higher.

3. šŸ“¢ Ethereum News: Updates on Ethereumā€™s ecosystem, such as upgrades or partnerships, can act as major price catalysts.

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šŸ’” Pro Trading Tips:

Stick to your planā€”donā€™t get carried away by market emotions.

Use proper risk management.

Avoid chasing price spikes; focus on entry at support levels.

This is not financial advice but a guide to help plan your trades. Stay disciplined, trade smart, and let the profits follow! ETH is ready for actionā€”are you?

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