🔥 $ETH Liquidation Alert: $11.697K Shorts Wiped Out at $3,314.41! 🔥
Ethereum ($ETH ) just experienced a short liquidation worth $11,697 at $3,314.41, signaling strong bullish momentum. This short squeeze could trigger a bigger price movement, and the market is heating up. Are you ready to make your next move? Let’s break it all down!
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Key Levels for Ethereum ($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 → $3,450.
Mid-term targets: $3,600 → $3,700.
3. Stop Loss:
Set your stop loss below $3,200 to minimize risks.
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What’s Next for ETH?
🚀 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.
⚠️ 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. 📈 Volume Trends: Rising volume near $3,300-$3,320 would confirm bullish momentum. Low volume could indicate hesitation.
2. 🌍 Market Sentiment: Bitcoin and the overall market trend will play a big role. A positive sentiment could further push ETH higher.
3. 📢 Ethereum News: Updates on Ethereum’s ecosystem, such as upgrades or partnerships, can act as major price catalysts.
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💡 Pro Trading Tips:
Stick to your plan—don’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 action—are you?
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