🔥 ETH
📌 Event Details:
• Event Type: Short Liquidation
• Volume Liquidated: $1.5081K
• Trigger Price: $2386.3
🎯 Trade Setup:
• Entry Zone: $2382–$2388
• TP1: $2400
• TP2: $2420
• Stop-Loss (SL): $2370
📊 Market Analysis: The $1.5081K short liquidation at $2386.3 represents an upside liquidity sweep that may have cleared nearby sell-side orders and supported continued buying pressure. Holding above $2386.3 would preserve the immediate price structure, while sustained demand around the trigger could indicate absorption of available offers. A clean move through $2400 would strengthen the breakout setup and open a path toward $2420, while rejection below the trigger would signal weakening momentum and potential retracement toward lower support.
🛡️ Risk Management: Keep spot exposure within a predefined portfolio allocation and size the position according to the maximum acceptable loss.