ā” ETH JUST SENT ANOTHER WARNING TO THE BEARS
š¢ $136K Short Liquidated at $2,717.93
Another wave of leveraged shorts has been wiped out ā and the timing matters. ETH is sitting just beneath a key resistance zone, meaning a clean breakout could force even more shorts to cover.
š THE LEVELS IāM WATCHING ⢠$2,718 ā liquidation trigger zone
⢠$2,732ā$2,740 ā immediate breakout test
⢠$2,768ā$2,800 ā major supply / decision area
⢠$2,811 ā next upside checkpoint
⢠$2,678 ā crucial downside defense
Current technical readings remain broadly bullish, with ETH above major moving averages and $2,732 identified as the nearest resistance. A sustained move above that level would strengthen the upside setup.
šÆ MY NEXT-MOVE VIEW
If ETH flips $2,740 into support, Iād expect buyers to challenge $2,768 ā $2,800, with $2,811+ becoming the next momentum target.
š„ The real fireworks begin if ETH gets a decisive daily close above $2,800 with strong volume ā that could open the door toward the $2,900ā$3,000 region.
ā ļø Invalidation: Losing $2,678 would weaken the bullish structure and could trigger a deeper pullback.
VERDICT: š¢ Bullish bias | Short-squeeze potential rising | $2,800 is the key battle
Not financial advice. Use proper risk management and avoid chasing vertical moves.
#BinanceLaunchesBinanceIntelligence #StrategyMarketCapSurpassesRumble #EvernorthXRPTreasuryCompletesSPACMerger #ETHUp70%InQ3ButLiquidityFalls #FedOctoberHoldOdds82.3%
š¢ $136K Short Liquidated at $2,717.93
Another wave of leveraged shorts has been wiped out ā and the timing matters. ETH is sitting just beneath a key resistance zone, meaning a clean breakout could force even more shorts to cover.
š THE LEVELS IāM WATCHING ⢠$2,718 ā liquidation trigger zone
⢠$2,732ā$2,740 ā immediate breakout test
⢠$2,768ā$2,800 ā major supply / decision area
⢠$2,811 ā next upside checkpoint
⢠$2,678 ā crucial downside defense
Current technical readings remain broadly bullish, with ETH above major moving averages and $2,732 identified as the nearest resistance. A sustained move above that level would strengthen the upside setup.
šÆ MY NEXT-MOVE VIEW
If ETH flips $2,740 into support, Iād expect buyers to challenge $2,768 ā $2,800, with $2,811+ becoming the next momentum target.
š„ The real fireworks begin if ETH gets a decisive daily close above $2,800 with strong volume ā that could open the door toward the $2,900ā$3,000 region.
ā ļø Invalidation: Losing $2,678 would weaken the bullish structure and could trigger a deeper pullback.
VERDICT: š¢ Bullish bias | Short-squeeze potential rising | $2,800 is the key battle
Not financial advice. Use proper risk management and avoid chasing vertical moves.
#BinanceLaunchesBinanceIntelligence #StrategyMarketCapSurpassesRumble #EvernorthXRPTreasuryCompletesSPACMerger #ETHUp70%InQ3ButLiquidityFalls #FedOctoberHoldOdds82.3%