$ETH Long Liquidation Alert 🟢
A significant shake in the market as $19.674K worth of ETH longs got liquidated at $3584.31! The bulls took a hit, and volatility is screaming across the charts.
Market Insights: The sudden liquidation indicates a short-term rejection at resistance levels. Sellers are testing the strength of support around $3560–$3540, and the next few candles will define the trend. Watch how buyers react if ETH closes above $3600, we could see another attempt at breaking $3640–$3660.
Targets 🎯:
TG1: $3615 – Minor recovery zone, quick scalp potential
TG2: $3645 – Key resistance retest, bulls may regroup
TG3: $3680 – Strong breakout target, confirmation of upward momentum
Next Move: Short-term traders should watch $3560 closely; a break below could trigger further liquidations. If support holds, accumulation zones may appear near $3550–$3560, giving a solid opportunity for bounce plays.
💡 Pro Tip: Liquidations like these often create temporary volatility spikes. Enter cautiously, manage risk, and keep an eye on the whale wallets for sudden moves.
