$ETH Short Liquidation Alert
A massive short liquidation of $ETH has occurred, totaling $201K at a price of $3387.56.
Analysis:
Entry Point: Enter at $3387.50 to capitalize on the bullish breakout following the liquidation.
Target: Set an initial target at $3500.00, a key resistance level.
Stop Loss: Place a stop loss at $3300.00 to manage risk and protect capital.
The $ETH liquidation signals strong bullish momentum.
Traders should act swiftly and position themselves for potential gains, while maintaining tight risk controls.