🔥 ETH
📌 Event Details:
• Event Type: Short Liquidation
• Volume Liquidated: $7.2786K
• Trigger Price: $1861.07
🎯 Trade Setup:
• Entry Zone: $1845 - $1865
• TP1: $1885
• TP2: $1910
• Stop-Loss (SL): $1825
📊 Market Analysis: The ETH short liquidation near $1861.07 indicates a liquidity sweep above recent selling pressure, forcing short-side positions to close and creating temporary upward demand. The order book reaction around this level suggests buyers are absorbing available supply while testing whether momentum can sustain above the reclaimed zone. If ETH maintains structure above the entry area, the market could attempt a continuation move toward higher resistance levels as liquidity rotates into stronger price zones. Continued volume confirmation will be important to validate any further structural expansion.
🛡️ Risk Management: Allocate spot positions carefully with measured exposure and avoid committing excessive capital to a single entry zone.
