$ETH / USDT – Bull Shakeout at $2532! Eyes on the Retest!
$4.81K in long positions flushed at $2532.76
Ethereum just saw a sharp move that knocked out leveraged longs, hinting at short-term weakness—but don’t count it out yet.
This could be the setup before a reversal if bulls step in strong.
🔍 RETEST ZONE TO WATCH:
• Watch Zone: $2525 – $2540 (Reclaim here could flip momentum)
• 🎯 TP1: $2585
• 🎯 TP2: $2630
• 🎯 TP3: $2685
• 🛑 Stop Loss: Below $2495
Market Insight:
Long liquidations near a support zone often mark local bottoms if followed by a strong recovery.
Watch for reclaim and high-volume bounce signs.
Pro Tip:
Look for a bullish engulfing candle or volume thrust above $2540 before entry.
No confirmation = no play.
$ETH bulls just took a hit—will they strike back? This zone could be the turning point. Stay sharp.