🔴 $ETH Bearish Alert 📉
A $1.9345K long liquidation at $1,870.91 signals a light flush of leveraged bulls, adding modest short-term selling pressure. The $1,870.91 level now becomes a key pivot, with sellers holding a slight edge while ETH remains below it.
💰 Entry Zone: $1,868–$1,872 on rejection
🎯 Targets: $1,855 → $1,840 → $1,825
🛑 Stop Loss: Above $1,882
📍 Support: $1,855–$1,840
📍 Resistance: $1,870.91–$1,882
If ETH fails to reclaim $1,870.91, sellers may target $1,855 first and $1,840 next. A breakdown below $1,840 could extend the decline toward $1,825, while a sustained recovery above $1,882 would weaken the bearish setup and favor a short-term rebound.
Strength Rating: ⭐⭐☆☆☆ (2/5 Bearish) — A $1.9345K long liquidation reflects relatively light forced selling, so stronger volume or additional liquidations would be needed to confirm sustained downside momentum
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