🔴 Long Liquidation: $55.363K at $2,469.68
ETH is showing a potential reaction zone around $2,470 after a notable long liquidation. The setup favors a cautious long only if price holds the nearby support and buyers confirm the level with strong price action.
Entry Zone: $2,455–$2,475
Stop-Loss: $2,425
TP1: $2,505
TP2: $2,545
TP3: $2,590
Support: $2,450–$2,470
Resistance: $2,505, then $2,545–$2,590
The liquidation can create short-term selling pressure, but if ETH reclaims $2,480 and volume improves, a recovery toward the resistance levels becomes more likely. Avoid chasing if price breaks support with strong momentum.
Invalidation: A sustained move below $2,425 cancels the long setup.
#ETH/BTC at Critical Breakout Level: Analyst Says Ethereum Could Rally to $2,800
#CLARITY Act job growth argument
