I’m positioning on $ETH right now.
Putting $100 with 20x leverage on this setup.
Entry: around $1,872-$1,875
Target: $2,420-$2,422
Chart invalidation: $1,678
If ETH hits target, that’s roughly +$588 PnL on $100 margin before fees/funding.
But with 20x, the $1,678 stop is way too wide. I’d use a tighter risk level around $1,835-$1,840 or size down.
Trend support is holding for now.
Trade at your own risk.
Putting $100 with 20x leverage on this setup.
Entry: around $1,872-$1,875
Target: $2,420-$2,422
Chart invalidation: $1,678
If ETH hits target, that’s roughly +$588 PnL on $100 margin before fees/funding.
But with 20x, the $1,678 stop is way too wide. I’d use a tighter risk level around $1,835-$1,840 or size down.
Trend support is holding for now.
Trade at your own risk.