$ETH Long Liquidation Analysis
Current Status:
Long Liquidation Amount: $5.1614KLiquidation Price: $3334.24
Entry Point:
Recent support established around $3300, indicating a potential rebound zone.
Target:
Primary target aimed at $3500 for a significant resistance test.
Stop Loss:
Set stop loss at $3200 to protect against further downside and minimize losses.
Market Dynamics:
Volatility Alert: Recent price movements indicate heightened market volatility. Monitor key market signals closely.Momentum Indicators: Analyzing RSI and MACD for potential bullish or bearish shifts.
Conclusion:
Position yourself strategically with $ETH in mind. Ensure risk management protocols are in place while aiming for aggressive gains. Stay alert.