Major Liquidation Alert!
A $2.8M short was $ETH liquidated at $3,454.03 for ETH, signaling powerful upward momentum and potential for further gains.
Key Levels to Watch:
Support: $3,430 – $3,450
Resistance: $3,500 – $3,520
Suggested Trading Strategy:
If $ETH ETH holds above $3,454, consider buying, as breaking $3,500 could lead to a significant rally toward $3,550 or higher.
If ETH slips below $3,430, reassess for possible short-term bearish pullbacks and potential short opportunities.
📈Next Steps:
Monitor volume spikes and broader market trends.
Set tight stop-losses to protect against volatility, especially around the $3,500 psychological level.
This level of liquidation hints at major institutional moves—stay alert for follow-through momentum.