🚨 EXPLOSIVE SHORT SQUEEZE ON ETHEREUM ($ETH ): Over US$ 236M liquidated! ⚡
The market was caught off guard by a violent recovery of more than 7% in $ETH , forcing sellers to close positions in a hurry and pushing the price back into the crucial $2,400 range.
📊 What the chart is revealing now:
1️⃣ Immediate Resistance Zone ($2,417 – $2,450): The real battleground where bulls need to break through to avoid another rejection.
2️⃣ Reclaimed Support ($2,300): The floor that now needs to hold firm to consolidate the rally.
3️⃣ Flow Indicator: Buying momentum returned strongly after the liquidity squeeze, but volume during the next tests will determine whether we see a continuation or a bull trap.
⚠️ Beware of blind euphoria: wait for confirmation of a breakout above the $2,450 range or a healthy pullback to support before leveraging your positions! 📉📈
Will $ETH go for $2,500 or consolidate again? Click the chart below to follow the order book and trade the move in real time! 👇🔥
#Ethereum #CryptoTrading #BinanceSquare #Scalping #analisetecnica $ETH
The market was caught off guard by a violent recovery of more than 7% in $ETH , forcing sellers to close positions in a hurry and pushing the price back into the crucial $2,400 range.
📊 What the chart is revealing now:
1️⃣ Immediate Resistance Zone ($2,417 – $2,450): The real battleground where bulls need to break through to avoid another rejection.
2️⃣ Reclaimed Support ($2,300): The floor that now needs to hold firm to consolidate the rally.
3️⃣ Flow Indicator: Buying momentum returned strongly after the liquidity squeeze, but volume during the next tests will determine whether we see a continuation or a bull trap.
⚠️ Beware of blind euphoria: wait for confirmation of a breakout above the $2,450 range or a healthy pullback to support before leveraging your positions! 📉📈
Will $ETH go for $2,500 or consolidate again? Click the chart below to follow the order book and trade the move in real time! 👇🔥
#Ethereum #CryptoTrading #BinanceSquare #Scalping #analisetecnica $ETH
