🔴 $ETH Longs Liquidated – Bears Applying Pressure

💰 Entry: $2160

🎯 Targets:

T1 → $2135

T2 → $2100

T3 → $2050

🛑 Stop Loss: $2205

💥 Liquidation Insight:

$1.0161K in long positions got liquidated at $2166.54, indicating bulls were forced out as price moved lower. Such liquidations can accelerate downside momentum.

📈 Momentum Logic:

Price is showing weakness around this zone after the long squeeze. If sellers maintain control, further downside toward lower support levels is possible.

👉 What to do now?

Wait for confirmation of breakdown or a weak bounce into resistance before considering entries. Avoid catching falling knives.

💬 Is $ETH heading for deeper downside or a bounce from here? 👇

#ETH #crypto #trading #DeFi #CrptyoTrading

ETH

1,998.55

-1.08%