$ETH
Significant short liquidations at $2069.37 suggest a squeeze into resistance, often preceding a pullback. Price is testing a critical supply zone after a fast upward move.
EP: $2055.00 – $2080.00
TP1: $1985.00
TP2: $1920.00
TP3: $1850.00
SL: $2135.00
Trend is still range-bound with rejection forming near resistance.
Momentum shows exhaustion after liquidation spike with decreasing buying pressure.
Price is likely to retrace toward mid-range and lower demand zones before next expansion.
$ETH
Significant short liquidations at $2069.37 suggest a squeeze into resistance, often preceding a pullback. Price is testing a critical supply zone after a fast upward move.
EP: $2055.00 – $2080.00
TP1: $1985.00
TP2: $1920.00
TP3: $1850.00
SL: $2135.00
Trend is still range-bound with rejection forming near resistance.
Momentum shows exhaustion after liquidation spike with decreasing buying pressure.
Price is likely to retrace toward mid-range and lower demand zones before next expansion.
$ETH