🔥 ETH
📌 Event Details:
• Event Type: Short Liquidation
• Volume Liquidated: $1.2338K
• Trigger Price: $2391.08
🎯 Trade Setup:
• Entry Zone: $2375.00 – $2405.00
• TP1: $2450.00
• TP2: $2500.00
• Stop-Loss (SL): $2335.00
📊 Market Analysis:
The short liquidation at $2391.08 indicates that price successfully swept liquidity above a key resistance level, triggering forced exits from short-side participants and generating additional buy-side flow. This type of liquidity event often strengthens the order book above the breakout point as previous resistance begins to act as support. If ETH maintains acceptance above the liquidation zone, the current price structure can remain constructive with potential for continuation toward higher liquidity concentrations. Sustained trading volume and the preservation of higher lows would support momentum and increase the probability of an extended upward move.
🛡️ Risk Management: Limit position exposure to a small portion of total portfolio capital and maintain disciplined risk allocation across all holdings.
