Ethereum Short Liquidations Put Bulls on Alert
Ethereum recorded 119.77K dollars in short liquidations on Binance at 2505.34 dollars.
This liquidation activity puts ETH on the radar as traders watch for a potential momentum shift. A move above the 2550 to 2570 dollar resistance zone could open the way toward 2600 dollars, followed by 2660 dollars.
On the downside, 2480 dollars is an initial support area, with 2450 dollars as the next level to watch.
If ETH breaks resistance with strong volume, short sellers could face additional pressure. If support fails, downside risk remains.
Ethereum is at a level worth watching closely.
$ETH
#SKHynixSharesDrop7.1% #StrategyBuys250Bitcoin #RBNZPausesDigitalCashDevelopment #RBNZPausesDigitalCashDevelopment #SeptemberCPIWatch
Ethereum recorded 119.77K dollars in short liquidations on Binance at 2505.34 dollars.
This liquidation activity puts ETH on the radar as traders watch for a potential momentum shift. A move above the 2550 to 2570 dollar resistance zone could open the way toward 2600 dollars, followed by 2660 dollars.
On the downside, 2480 dollars is an initial support area, with 2450 dollars as the next level to watch.
If ETH breaks resistance with strong volume, short sellers could face additional pressure. If support fails, downside risk remains.
Ethereum is at a level worth watching closely.
$ETH
#SKHynixSharesDrop7.1% #StrategyBuys250Bitcoin #RBNZPausesDigitalCashDevelopment #RBNZPausesDigitalCashDevelopment #SeptemberCPIWatch