Market Overview
Large short liquidation $29.474K at $511.39. Significant short squeeze.
Key Support & Resistance
Support: $490 – $505
Resistance: $550 – $580
Next Move
Above $511 favors continuation.
Trade Targets
TG1: $550
TG2: $580
TG3: $620
Short & Mid-term Insights
Short-term: Strong squeeze.
Mid-term: Privacy narrative can fuel further upside.
Pro Tip
This was a big liquidation – momentum can extend further than expected.
#Ethereum and Solana supply changes
