$ETH /USDT — SHORT
A heavy long liquidation on $ETH near $2341.0 reveals that bulls were caught off guard. This points to underlying weakness in the market.
Entry Zone: 2355.00 – 2370.00
TP1: 2280.00
TP2: 2210.00
TP3: 2120.00
Stop Loss: 2400.00
The forced selling from liquidated longs adds weight to the downside. Continuation lower looks likely if the price fails to reclaim the entry zone.
A heavy long liquidation on $ETH near $2341.0 reveals that bulls were caught off guard. This points to underlying weakness in the market.
Entry Zone: 2355.00 – 2370.00
TP1: 2280.00
TP2: 2210.00
TP3: 2120.00
Stop Loss: 2400.00
The forced selling from liquidated longs adds weight to the downside. Continuation lower looks likely if the price fails to reclaim the entry zone.