🚨 Liquidation of Buy Deals $ETH — Strong Movement Coming! 🚨
Buy Liquidation (Long):
💥 $102.89 thousand at a price of $2,955.89
The market witnessed a significant liquidation of high-leverage buy positions, leading to a sharp drop in Ethereum's price with sellers dominating the short-term movement.
📊 Market Overview
This liquidation indicates bearish pressure in the near term, but the presence of strong support levels may help stabilize the price and open the door for a potential rebound.
🟢 Support Areas
$2,940 – $2,945 (Immediate demand area)
$2,915 – $2,920 (Important liquidity pocket)
🔴 Resistance Areas
$2,980 – $2,995 (First supply wall)
$3,020 (Trend recovery level)
🎯 Targets (With a bearish bias)
Target 1: $2,940
Target 2: $2,920
Target 3: $2,890
👀 Watch for increased trading volumes at support areas;
Strong defense may ignite a quick rebound
A clear break may open the door for further correction
