$ETH Short Liquidation: $7.6616K at $3369.22
ETH liquidated short positions at $3369.22 after sellers failed to drive price lower, trapping bearish traders and generating short-term bullish momentum. With shorts forced to exit, liquidity now builds above current levels, increasing the probability of continued upside if buying pressure remains active.
Next Move & Targets
TG1: $3408
TG2: $3476
TG3: $3550
A small pullback toward $3369.22 may occur to collect liquidity, but if $ETH holds above this level, continuation toward higher targets becomes likely.
Pro Tip:
After short liquidations, wait for a clean retest above the liquidation level. Confirmed support reduces risk and improves the accuracy of bullish continuation trades.
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