$ETH Liquidated Long: $59.6K at $3,636.65
Ethereum just experienced a significant liquidation long of $59.6K at the price of $3,636.65, creating a pivotal moment in its price action.
Traders are keen to see where ETH goes from here.
Key Details:
Current Price: $3,636.65
Liquidation Volume: $59.6K
Price Action: Ethereum is showing strong volatility and could be gearing up for another major move.
Next Move:
Bullish Scenario: If $ETH pushes above $3,700, it could target $3,800 or even $4,000.
Bearish Scenario: If ETH falls below $3,500, expect possible support around $3,400 or lower.
Support Level: $3,500
Resistance Level: $3,700
Buy or Sell?
Buy: Consider buying if ETH holds above $3,600 and breaks through $3,700, aiming for the next resistance.
Sell: If $ETH drops below $3,500 or fails to hold above it, it might be time to exit or take profits.
Keep a close eye on price movements and manage your trades wisely!