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$ETH experienced a short liquidation of $1.36K at $1,629.93, indicating that leveraged sellers were forced to close their positions. The liquidation signals strengthening bullish momentum, with buyers gaining control of the short-term trend. If price continues to hold above key support levels, further upside movement could follow as short-covering activity fuels additional buying pressure.
Entry: $1,620 - $1,635
SL: $1,600
TP1: $1,655
TP2: $1,690
TP3: $1,740
TP4: $1,800
Momentum is strengthening, and recent pullbacks are attracting buyers. Watch resistance levels closely and trade with proper risk management.
Buy and Trade $ETH