$ETH

ETH
ETHUSDT
2,049.92
+6.08%

— Short positions have been captured, the bulls enter 💥

Liquidation: $57.6K short position liquidated at $2,350.16

Ethereum has pressed the bears. Short position traders did not value the strength and paid the price. This often leads to continuation, not an immediate reversal.

📊 Key levels (Ethereum):

Support: 2,300 – 2,270

Resistance: 2,420 – 2,500

🎯 Trading plan (momentum preferred):

Long entry: 2,300 – 2,330 (prefer a pullback)

Stop loss: 2,260

Targets:

TP1: 2,420

TP2: 2,500

TP3: 2,620 🚀

🔥 If Ethereum holds above 2,300, short positions will remain under pressure.

A clean break above 2,500 may quickly open the next phase.