$EOS – Long Liquidation Alert
💥 Liquidation Amount: $1,751.1
📉 Price Level: $0.682
What Happened?
A long position worth $1.75K was liquidated at $0.682, showing bulls got trapped during the recent drop.
This signals a shift in momentum and possible short-term bearish pressure.
Market Insight:
Long liquidations often act as downside fuel if no immediate recovery follows. If price remains below $0.685, we could see further selling or consolidation near support.
$EOS Key Levels to Watch:
• Support Zone: $0.665 – $0.675
• Resistance Zone: $0.695 – $0.705
• Breakdown Risk: A move below $0.665 could trigger more liquidations.
Pro Tip: Let price settle near support before considering longs.
Wait for a bounce with volume or bullish confirmation above $0.685.