Shorts were liquidated around $0.06093, making this an important reaction area. If price gets rejected here, sellers may try to take control again. I’d wait for confirmation rather than chase the first move.
The $2.734 area is now an important reaction zone. Longs were forced out here, which can create a short-term bounce — but I’d wait for confirmation instead of entering blindly.
ETH has just seen short liquidation around $2,501, putting this level on the radar. Instead of chasing the move, I’d watch how price reacts around this area. A clean rejection could open the door for a pullback.
The short liquidation around $0.01228 shows that sellers are getting squeezed, so this area can become an important decision zone. I would avoid chasing the first move and wait for price to confirm rejection or a clean breakdown.
Trade Plan — SHORT 📉 Entry Zone: $0.01220 – $0.01240 TP1: $0.01185 TP2: $0.01145 TP3: $0.01105 Stop Loss: $0.01270
If HEMI rejects the $0.01220–$0.01240 zone, the short setup becomes stronger. If price breaks and holds above $0.01270, the setup is invalid and I would stay out.
⚠️ Liquidation data is a signal, not a guarantee. Manage risk and don't over-leverage.