$ETH

**$ETH Longs Wiped Out!**

$6.17K in long positions liquidated as price dips to **$2,509.74** — Bulls under pressure!

**What’s Happening?**

Ethereum just broke below a crucial level, forcing leveraged longs to unwind. This suggests fading bullish strength and growing uncertainty among traders. Market volatility is spiking—watch the next move closely.

**Critical Levels:**

- **Support: $2,480** → A breakdown here could accelerate losses toward **$2,400**

- **Resistance: $2,550** → Bulls must regain this zone to signal a comeback

**Possible Scenarios:**

- **Hold $2,480 + bounce?** → Short-term relief rally possible

- **Lose $2,480?** → Bears dominate, risk of deeper drop

- **Clear $2,550?** → Confidence returns, target **$2,600+**

**Bottom Line:**

ETH’s momentum just flipped—will buyers step in or is more downside ahead?

**Trade smart:** Wait for confirmation before jumping in.

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