#MarketPullback
Ethereum Faces Long Liquidation at $1.68K
A total of $1,680 worth of ETH long positions were liquidated at $1,794.58, signaling increased bearish pressure. While this may trigger a deeper correction, a swift recovery is possible if bullish sentiment re-emerges.
Key Levels to Watch:
Buy Zone: $1,770 – $1,795
Target 1: $1,835
Target 2: $1,870
Stop Loss: $1,750
The market shows signs of weakness, but with nearby support, a rebound could be on the horizon. Await confirmation before entering a position.
Disclaimer: This is not financial