$ETH
ETH liquidation event, including buy zone, targets, and stop loss:
ETH Long Liquidation Alert: $675K Crashed at $1609.69!
Boom! A huge Ethereum long position worth $675,000 just got liquidated at $1609.69 – that’s massive! The market just shook some weak hands out. This kind of sudden flush often signals something BIG is coming. Are you ready?
Let’s break it down:
What Just Happened?
A long position means traders were betting ETH would go up.
But ETH dropped hard and hit $1609.69, liquidating those trades.
This is a classic stop hunt – smart money pushing prices lower to grab liquidity.
What’s Next for ETH?
After a big liquidation like this, we usually see one of two things:
1. Price rebounds as the market reverses from oversold.
2. Further downside if support levels break.
But don’t worry – I’ve got your plan ready.
Buy Zone (Smart Entry):
$1580 – $1610
This is the demand zone where ETH could bounce. Watch for reversal candles or a double bottom pattern.
Targets (Profit Levels):
Target 1: $1680
Target 2: $1740
Target 3 (Swing): $1810
These are resistance zones where you can book profits in steps.
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Stop Loss (Risk Protection):
SL: $1545
Set it a bit below key support to stay safe from deeper dumps.
Pro Tips:
Don’t go all in. Use 50% now, and keep 50% for lower entries.
Always manage risk. One good trade is better than ten reckless ones.
Keep an eye on BTC too – ETH often follows its big brother.
Summary:
Liquidation: $675K at $1609.69
Buy Zone: $1580 – $1610
Target 1: $1680 | Target 2: $1740 | Target 3: $1810
Stop Loss: $1545
Sentiment: Watch for a bounce. Reversal likely if support holds.
Stay sharp, trade smart, and ride the wave – ETH might just be gearing up for a breakout!
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