🟢 $ETH

Short Liquidation Alert!

💥 $3.1336K Long Liquidated @ ~$2,931.38 — significant long-sweep hit, short setup activated.

🔍 Market Snapshot

Current price: around $2,947 USD.

1st Support zone: ~$2,822; 2nd: ~$2,690.

1st Resistance zone: ~$3,033; 2nd: ~$3,114.

Technical signals: Indicators show mix; volatile environment.

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🎯 SHORT Setup (Targets)

TP1: ~$2,800 — first support band.

TP2: ~$2,690 – $2,650 — deeper support zone.

TP3 (aggressive): ~$2,500 – if breakdown accelerates.

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🛑 Stop-Loss (Risk Management)

Tight SL: ~$3,050 — just above first resistance.

Fail-safe SL: ~$3,200 — break above this invalidates the bias.

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📌 Key Zones to Watch

Resistance: ~$2,931 (entry liquidation level) → ~$3,033 → ~$3,114.

Support: ~$2,822 → ~$2,690 → ~$2,500.

Breaking below ~$2,822 opens the path toward deeper TP2/TP3 zones.

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⚠️ Trade Notes

With a ~$2,931.38 entry for the liquidation, monitor risk size carefully: aim for < 3-4% of portfolio unless hedged.

ETH is large-cap, deeper liquidity, but big moves still happen — manage slippage and timing.

Keep an eye on macro events (e.g., ETF flows, regulatory news) because ETH is sensitive to them.
$ETH
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