Today’s Market Alert: In the past 24 hours, over $340 million worth of positions were liquidated—both longs and shorts caught in the move. The mood is quiet but charged—today is perfect for clean entries, not chasing.
Have a calm mind and sharp strategy—let’s trade smart and make it a great day! 💚
#ETH has entered a critical resistance zone around $4,200–$4,250, and the market is showing clear hesitation.
After days of steady climb, smart money seems to be testing liquidity at the top, with inflows to exchanges quietly increasing — a sign some holders might be preparing to sell.
📉 If the 4,200 zone continues to reject on M15, this could be a sniper short opportunity. A clean bearish candle with rejection wick here opens potential downside toward $4,050 → $4,000 → $3,950.
But traders beware — the short side is crowded. Too many leveraged shorts could trigger a sudden short-squeeze if ETH breaks above $4,250, sending price sharply higher.
🎯 Plan Summary: • Entry zone: $4,200–$4,230 (only on rejection candle) • Stop loss: $4,260 • Targets: $4,050 / $4,000 / $3,950 • Invalidation: Any M15 close above $4,250
Discipline decides who wins this move — either you catch the precision drop or get caught in the squeeze.
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Analysis ENA/USDT has formed a strong bullish reversal candle after touching the $0.566 support area. The sharp green candle on the hourly chart indicates renewed buyer strength, signaling potential for a short-term trend reversal. If the price sustains above $0.580, momentum could build toward $0.621 resistance, with $0.640 as the next extension target.