strong buy
ETH liquidations spark bullish momentum: strong buy signal on Ethereum
ETH Liquidated Short: $39K at $4304.71
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Analysis
The report notes a liquidation of a short position on Ethereum with an implied move higher to around the $4,304.71 area after hitting a $39,000 liquidation reference. This read suggests a short-coveri...
Recommendation
Positioning guidance: consider a cautious long bias on ETH with defined risk controls. If price breaks and closes above $4,400 with sustained volume, a measured stop-loss below $4,100 can protect agai...
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.