🚨 $ETH Long Liquidation Alert! 🚨
💥 $5,095,600 wiped out at $2511.39!
ETH just crushed some over-leveraged bulls 😱
This kind of move often clears the path for a bigger price action. So what could be next? Let’s break it down for you in simple words 👇
🔍 What Just Happened?
A huge long liquidation happened around $2511.
This means many traders with long positions were forced to sell, which can cause a short-term price drop.
Now, the market is cleaner and less risky, often setting up for a fresh move.
📈 What’s Next for Ethereum (ETH)?
✅ Buy Zone (Entry)
👉 $2420 – $2470
This is a strong support zone where ETH may bounce. Look for bullish confirmation (like a green candle with volume) before entering.
🎯 Targets
Target 1: $2600
Target 2: $2680
Target 3 (High Risk-High Reward): $2750+
❌ Stop Loss
👉 $2370
If ETH drops below this level, exit quickly to protect your capital.
⚠️ Risk Management Tips:
Never use high leverage.
Use only 1-2% of your capital for this trade.
Always stick to your stop loss.
🧠 Pro Tip:
Big liquidations like this often shake out weak hands, giving smart money a chance to enter. Be smart. Be patient. Let the price come to you.
📢 Stay alert! ETH might be ready for a reversal or a relief rally. Keep your eyes on key levels. We’ll update again soon. 📊🚀
Would you like a chart analysis too? I can give you one with support/resistance zones if you’d like.
