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$ETH Long Liquidation | 1.71K at 2676.01
Gate Update
$ETH just faced a sharp long wipe at 2676.01, showing buyers losing control while sellers push momentum downward. The chart is slipping into a pressure zone and bulls are struggling to stabilize.
Support: 2620
Resistance: 2740
ETH is sitting near a key reaction level. This liquidation signals fading strength, and buyers need to protect support to avoid deeper downside.
Buy Entry: 2635
A clean zone for controlled accumulation if candles hold firm.
Sell Entry: 2725
A safe short area before price approaches major resistance.
Next Move:
If ETH stays above 2620, a steady recovery toward resistance is possible. Dropping below support may open the path for stronger bearish continuation. Stay alert and track momentum closely.
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