🚨 $ETH Long Liquidation Alert! Huge Price Action Incoming! 🔥
A massive $18.565K long liquidation just happened at $3358.89, signaling that the market is shifting, and buyers might be losing steam. This could lead to a major move for Ethereum ($ETH). Here’s everything you need to know to take advantage of this move:
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Market Overview
The liquidation at $3358.89 suggests that buyers are getting squeezed, and the pressure is shifting toward the bears.
This could lead to a short-term correction or even a deeper pullback before the market decides its next direction.
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Key Trade Levels to Watch
Buy Zone:
👉 $3300 - $3350
Look for a dip or consolidation in this range for a possible entry.
Targets:
🎯 Target 1: $3400 (Immediate resistance)
🎯 Target 2: $3500 (Next major level of resistance)
Stop-Loss:
❌ Place your stop at $3250 to manage risk if the market moves against you.
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What’s Next for $ETH?
If price holds above $3350, we may see a bounce toward $3400 and potentially $3500.
If price drops below $3300, be prepared for a potential retest of $3250 or lower levels.
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⚡ Pro Tip: With such a large liquidation, $ETH could experience high volatility. Stick to your plan, don’t chase the price, and always have your stop-loss in place to protect your position.
The market is about to get exciting—keep an eye on $ETH for the next big move! 🚀
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