$ETH Short Liquidation: $13.657K at $3362.18
๐จ Market Update:
Liquidation Type: Short
Liquidation Value: $13,657
Liquidation Price: $3362.18
๐น Market Insight:
Ethereum has surged, triggering short liquidations as bulls regain control. This momentum hints at further upside potential if key resistance levels are breached, making it a critical moment for traders.
๐ฅ Trading Strategy:
Entry Point: Look to enter around $3365.00, capitalizing on the ongoing bullish trend.
Target 1: First resistance lies at $3450.00, offering a potential 2.5% gain.
Target 2: If momentum sustains, aim for $3550.00, a major resistance level.
Stop Loss: Protect your position with a stop at $3300.00 to manage downside risk.
๐ฅ Key Levels to Monitor:
Support Zone: $3330.00 acts as a strong support; a drop below may trigger a pullback to $3250.00.
Breakout Zone: A clear move above $3450.00 could ignite a rally toward $3600.00, driven by fresh buying interest.
๐ Pro Tip:
Keep an eye on trading volume! High activity near $3365.00 confirms bullish strength, while declining volume near resistance may signal caution. Adjust your strategy dynamically to maximize returns.
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