#USStablecoinBill

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