🔥 ETH
📌 Event Details:
• Event Type: Short Liquidation
• Volume Liquidated: $3.4333K
• Trigger Price: $2384.24
🎯 Trade Setup:
• Entry Zone: $2379–$2386
• TP1: $2400
• TP2: $2420
• Stop-Loss (SL): $2368
📊 Market Analysis: The $3.4333K short liquidation at $2384.24 marks an upside liquidity sweep that may have cleared nearby short-side orders and reduced immediate overhead pressure. Holding above the $2384.24 trigger would keep the short-term structure constructive, while sustained buying around this zone could indicate order-book absorption and support continuation. A decisive move through $2400 would provide stronger confirmation of structural expansion toward $2420, while a rejection below the trigger would weaken momentum and expose lower support.
🛡️ Risk Management: Allocate only a predefined portion of the spot portfolio and keep the position size consistent with the maximum acceptable loss.
