📉 $ETH ETH Liquidation Alert – Market Update 📉
A long position worth $95,300 has just been liquidated at $2,385.95, adding pressure to already fragile market conditions.
🔎 Market Overview:
Sentiment: Bearish
Trend: Sellers continue to dominate
Current Price: $2,400.03 (-1.38%)
ETH is struggling to hold key support levels.
📊 Suggested Strategy:
Monitor for a weak bounce, then consider short positions
Avoid long entries until a confirmed support zone is established
🎯 Take-Profit Levels:
TP1: $2,350
TP2: $2,295
TP3: $2,220
⚠️ This may not be a temporary dip, but a potential trend shift.
Trade cautiously, follow the momentum, and manage your risk wisely.
🔔 Stay informed with real-time market insights on Binance.
#ETH #BinanceMarketUpdate #CryptoTrading #RiskManagement
