Ethereum ($ETH) โ Short Liquidation Ignites Breakout ๐ฅ
$ETH just printed a $3.3672K short liquidation at $1920.85, confirming that sellers were forced out as price ripped through key intraday resistance.
This wasnโt random.
Price had been compressing below $1915โ$1920, building liquidity above equal highs. The breakout through $1920.85 cleared clustered stop orders โ classic liquidity sweep โ continuation setup.
As long as $1915โ$1918 holds, structure stays bullish and rotation higher remains the higher-probability path.
๐ Structure & Liquidity Outlook
Immediate Resistance: $1945
Next Supply: $1980
Major Liquidity Pocket: $2050
Key Support / Invalidation: $1875
Momentum expanded aggressively into the liquidation with volume confirmation.
Higher lows remain intact.
No bearish divergence visible.
Upside liquidity is still partially untapped โ meaning this move looks like fuel, not exhaustion.
๐ Trade Plan
EP: $1916 โ $1922
TP1: $1945
TP2: $1980
TP3: $2050
SL: $1875
Trend strength is constructive.
Higher lows โ breakout โ liquidation fuel โ continuation bias.
While $1875 holds, buyers remain in control and expansion toward $1945โ$1980 is favored.$ETH