$ETH Long Liquidation Alert
Liquidated Longs: $194.27K at $2390.02
Trend: Bearish
Massive long positions wiped out.
$ETH faces heavy selling pressure below $2400.
Bulls are losing grip as momentum cools.
Market Sentiment:
Weak and nervous.
Fear rising after sharp liquidations.
Short-term confidence shaken.
Next Move:
Hold or Sell
Avoid fresh longs.
Short-term traders may look for a bounce, but downside risk remains.
Targets (Downside):
• Target 1: $2350
• Target 2: $2295
• Target 3: $2220
Stop Loss (if shorting): $2425
Resistance Level: $2410
Summary:
$ETH bulls just took a big hit.
The drop below $2400 is a warning.
Caution is key. Watch for signs of strength before jumping in.
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