$ETH
Long Position Closed: $63.5K at $3284.34
A sharp decline resulted in the liquidation of $63.5K in long positions at $3284.34, reflecting a bearish shift in Ethereum's price action.
📉 Support Level: $3,250 – This area could provide some buying interest if the market stabilizes. 🛑 Stop Loss: $3,300 – A prudent stop loss to manage risk in case the market continues its downward movement. 🎯 Recovery Target: $3,400 – If Ethereum finds support, this could be a key resistance level to watch.
Will ETH recover, or is the downtrend just beginning? Monitor these levels closely for any signs of reversal.
#ETH #CryptoTrading #Bearish #GrayscaleSUITrust #MarketPullback