$ETH just recorded a $25.10K short liquidation at $2697.50 on Binance, showing that short positions were forced out as buying pressure pushed price higher.

A sustained move above $2700 could support another upside attempt, while rejection may bring price back toward nearby support.

📊 Key Levels

* Resistance: $2700 / $2740
* Support: $2660 / $2620

🎯 Trade Setup (Example)

* Entry: $2680–$2700
* Stop Loss: $2635
* TP1: $2740
* TP2: $2790
* TP3: $2850

💡 Market Insight

The short liquidation adds bullish pressure, but one liquidation event alone does not confirm a trend reversal. $ETH holding above $2660 and reclaiming $2700 would strengthen the bullish setup. A break below $2660 could weaken the momentum.

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