$ETH / USDT – Short Sellers Face Pressure Near $2,348
Ethereum recorded a $1.4464K short liquidation at $2,348.00. This indicates that some leveraged bearish positions were forced to close, potentially giving buyers a short-term advantage. Further upside depends on whether ETH can maintain momentum above nearby support.
Potential Entry Zone: $2,340–$2,352
Upside Targets: $2,365 / $2,385
Downside Targets: $2,330 / $2,310
Protective Stop-Loss: Below $2,328 for a long setup
Short-Term Bias: Neutral to cautiously bullish
A sustained move above $2,352 could encourage additional buying. If ETH loses support, the recovery may weaken. Confirm the setup with current price action and volume.
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