🔴 $ETH Long Liquidation Alert!
A major long position on Ethereum ($ETH) has just been liquidated:
$2,738.4 worth of longs were wiped out at the price of $1825.63.
$ETH This could indicate a sudden dip in price or overleveraged traders getting flushed out. Long liquidations of this nature often hint at short-term bearish momentum or a shakeout before a possible bounce.
Key Insights:
Liquidation Price: $1825.63
Value: $2.73K
Implication: Weak support or rising volatility
Strategy Tip: Watch for consolidation or further downside before re-entering longs.
Technical Zones to Monitor:
Immediate Support: $1800
Major Resistance: $1850
Risk Level: High for leveraged trades
$ETH Stay alert—more liquidations could trigger cascading price action.
