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$ETH Bearish Pressure Signal
Long traders are being forced out of their positions โ $4.4931K in long liquidations were triggered at $1661.04 on Binance. This signals weakening bullish momentum and increasing selling pressure in the short term. If bears maintain control, $ETH could continue testing lower support levels before any meaningful recovery.
๐ฏ Entry Zone: $1655 โ $1668
๐ Take Profit Targets: โข TP1: $1640 โข TP2: $1620 โข TP3: $1600
๐ Stop Loss: $1685
A rise in long liquidations often reflects market weakness as leveraged bulls are flushed out. Traders should remain cautious and watch for confirmation around key support zones.
#ETH #Crypto #Ethereum #Binance #Trading #Bearish #Liquidation #Altcoins #CryptoSignals #BTC #writ
Long traders are being forced out of their positions โ $4.4931K in long liquidations were triggered at $1661.04 on Binance. This signals weakening bullish momentum and increasing selling pressure in the short term. If bears maintain control, $ETH could continue testing lower support levels before any meaningful recovery.
๐ฏ Entry Zone: $1655 โ $1668
๐ Take Profit Targets: โข TP1: $1640 โข TP2: $1620 โข TP3: $1600
๐ Stop Loss: $1685
A rise in long liquidations often reflects market weakness as leveraged bulls are flushed out. Traders should remain cautious and watch for confirmation around key support zones.
#ETH #Crypto #Ethereum #Binance #Trading #Bearish #Liquidation #Altcoins #CryptoSignals #BTC #writ
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