$ETHFI Liquidated Long: $86.7K at $2.166
An $86.7K long position in $ETHFI was swiftly liquidated at $2.166, marking a significant blow for traders betting on further upside.
The liquidation highlights the volatility that can shake even the most carefully planned trades.
Entry Point:
The long position was entered at $2.166, driven by optimism over a bullish trend and the potential for continued price growth.
Target:
Traders were aiming for a breakout to $2.30, looking for a strong resistance level to be breached.
Stop Loss:
The stop loss was placed at $2.10 to mitigate risk, but the market's sharp pullback triggered the liquidation before it could stabilize.
The crypto market’s unpredictable swings demand quick decisions and constant vigilance—stay ready for the next move!