$ETH is showing strong bullish pressure after a massive $471K short liquidation, a sign that sellers were forced out and buyers are taking control. If price continues to hold above the current support zone, momentum could build quickly for another leg higher. A breakout above resistance with strong volume may trigger fresh buying and extend the rally.
Support: $1,850–1,865
Resistance: $1,900–1,930
Targets 🎯: $1,950 → $2,000 → $2,080
Next Move: Watch for a clean breakout above resistance. Holding support keeps the bullish structure intact.
Pro Tip: Never chase a candle after a big liquidation. Wait for confirmation and always protect your trade with a stop-loss.
Support: $1,850–1,865
Resistance: $1,900–1,930
Targets 🎯: $1,950 → $2,000 → $2,080
Next Move: Watch for a clean breakout above resistance. Holding support keeps the bullish structure intact.
Pro Tip: Never chase a candle after a big liquidation. Wait for confirmation and always protect your trade with a stop-loss.