🚨 $ETH Short Liquidation Alert! 🚨
A massive short liquidation of $23.819K has just occurred at $3,371.42! This indicates an intense wave of buying pressure as shorts get squeezed. Could this be the start of a bullish breakout for Ethereum? Let’s dive in! 🔥
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What’s Next for $ETH?
Here’s a step-by-step trading plan to capitalize on this exciting move:
Buy Zone:
Enter between $3,350 and $3,375 (look for minor pullbacks or consolidation before entry).
Targets:
1. $3,400 – First target (key psychological resistance).
2. $3,450 – Second target (major resistance level).
3. $3,500 – Bonus target (if bullish momentum remains strong).
Stop Loss:
Place it below $3,320 (protect yourself if the trend reverses).
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Why This Matters:
A short liquidation this big can spark rapid price surges as bears scramble to cover positions.
Ethereum is at a critical level—watch closely for increased buying volume, which could confirm further upside!
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Key Tips for Trading $ETH:
1. Stay Alert: Price may retrace slightly before pushing higher—don’t panic.
2. Volume is King: A strong move above $3,400 with high volume could trigger the next leg up.
3. Risk Management: Stick to your stop loss and don’t overexpose your portfolio.
⚡ Final Thought: Ethereum is showing strength, but market conditions can change quickly. Trade with confidence, but stay disciplined. Good luck! 💪
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