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๐ข $ETH
Short Liquidation Alert!
๐ฅ $3.1336K Long Liquidated @ ~$2,931.38 โ significant long-sweep hit, short setup activated.
๐ Market Snapshot
Current price: around $2,947 USD.
1st Support zone: ~$2,822; 2nd: ~$2,690.
1st Resistance zone: ~$3,033; 2nd: ~$3,114.
Technical signals: Indicators show mix; volatile environment.
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๐ฏ SHORT Setup (Targets)
TP1: ~$2,800 โ first support band.
TP2: ~$2,690 โ $2,650 โ deeper support zone.
TP3 (aggressive): ~$2,500 โ if breakdown accelerates.
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๐ Stop-Loss (Risk Management)
Tight SL: ~$3,050 โ just above first resistance.
Fail-safe SL: ~$3,200 โ break above this invalidates the bias.
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๐ Key Zones to Watch
Resistance: ~$2,931 (entry liquidation level) โ ~$3,033 โ ~$3,114.
Support: ~$2,822 โ ~$2,690 โ ~$2,500.
Breaking below ~$2,822 opens the path toward deeper TP2/TP3 zones.
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โ ๏ธ Trade Notes
With a ~$2,931.38 entry for the liquidation, monitor risk size carefully: aim for < 3-4% of portfolio unless hedged.
ETH is large-cap, deeper liquidity, but big moves still happen โ manage slippage and timing.
Keep an eye on macro events (e.g., ETF flows, regulatory news) because ETH is sensitive to them.
$ETH
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