🚨 $ETH Short Liquidation: $10.49K at $3496.98 🚨

Massive move in the market! A huge short liquidation just took place on $ETH, with $10,491.00 at $3496.98! This could trigger a powerful rally. The question is: will we see a surge in price or is this just a temporary spike?

What’s Next for $ETH?

🔥 The short liquidation could create upward pressure, pushing $ETH higher as shorts scramble to cover. A surge in buying activity could follow, but be ready in case the market corrects.

Here’s your trading strategy:

Buy Zone: Look to enter between $3450 to $3500. This range could offer solid support if the price bounces after the liquidation.

Target: Your first target should be $3600. If momentum is strong, the next target could be $3700.

Stop Loss: Set a stop loss around $3400 to protect your position in case the price reverses sharply.

🚀 Reminder: Always be ready to adapt. Monitor the market closely, use proper risk management, and stay alert to potential price shifts. Exciting opportunities, but trade carefully!

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