🔴 $ETH — Longs Flushed at $2,006.02
$141K LONGS liquidated at $2,006 — bulls overextended near psychological resistance and got wiped.
That level acted as a liquidity trap. Now market decides continuation or recovery.
⚡ Psychological Level Rejection
⚡ Long Liquidation Cascade
⚡ High Volatility Zone
📊 Key Levels:
Support: $1,950
Major Support: $1,900
Resistance: $2,050
Major Resistance: $2,120
🎯 Targets:
If Reclaims $2,050:
TP1: $2,120
TP2: $2,200
If Breaks Below $1,950:
TP1: $1,900
TP2: $1,820
🛑 Stop Loss:
For longs: Below $1,900
For shorts: Above $2,120
$2,000 remains the battlefield. Next breakout decides direction.