🔴 $ETH Liquidated Long: $61.3K at $2,481.57
Sharp long liquidations just below $2,500 shook the market—weak hands were flushed out fast.
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Next Move
Price is bouncing around $2,494. A decisive move above $2,540 would signal resumed bullish momentum. If ETH falls below $2,488, prepare for a deeper drop—watch closely.$ETH
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Trade Plan
Entry: Buy on a clean breakout above $2,540 with volume.
Stop‑loss: Set just under $2,488 to limit downside.
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Targets
1. Target 1: $2,600 – next resistance zone based on recent highs.
2. Target 2: $2,700 – psychological barrier and swing high.
3. Target 3: $2,820 – high before sellers stepped in previously.
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Why This Works
The market just shook out weak bulls below $2,500.
Holding above $2,488 shows basic support is intact.
A break above $2,540 on volume could trigger fresh buying.
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Bottom Line
Watch for a strong break above $2,540. If that happens, support the move and aim for $2,600–$2,820. If ETH drops under $2,488, shift to cautious mode.$ETH