$ETH /USDT Long Setup ๐ โ SMA Confluence Reclaim
Bias: Long if $2,200 holds ๐ข
Key Levels ๐
โข Support: $2,200 = SMA20 + SMA50 confluence ๐ก๏ธ, $2,185 Fib 0.382
โข Resistance: $2,242 SMA200/VWAP cluster ๐งฑ, $2,302 prior swing high
โข Current Price: $2,024
Trade Plan ๐
โข Entry: $2,198 โ $2,210 pullback to reclaimed SMA zone โ โข Stop Loss: $2,168 below structure โ
โข Target 1: $2,242 +1.7% ๐ฏ
โข Target 2: $2,302 +4.2% ๐
โข Target 3: $2,378 +7.6% moon shot ๐
โข RR: โผ1:2 at T1, 1:4+ at T3 โ๏ธ
Note: $2,242 is the key level ๐. 4H close above it = breakout mode unlocked. Rejection = range play, reduce size ๐
Risks โ ๏ธ
โข Rejection at upper BB $2,226 without volume = false breakout โข Macro still risk-off, so manage size ๐ง
Bias: Long if $2,200 holds ๐ข
Key Levels ๐
โข Support: $2,200 = SMA20 + SMA50 confluence ๐ก๏ธ, $2,185 Fib 0.382
โข Resistance: $2,242 SMA200/VWAP cluster ๐งฑ, $2,302 prior swing high
โข Current Price: $2,024
Trade Plan ๐
โข Entry: $2,198 โ $2,210 pullback to reclaimed SMA zone โ โข Stop Loss: $2,168 below structure โ
โข Target 1: $2,242 +1.7% ๐ฏ
โข Target 2: $2,302 +4.2% ๐
โข Target 3: $2,378 +7.6% moon shot ๐
โข RR: โผ1:2 at T1, 1:4+ at T3 โ๏ธ
Note: $2,242 is the key level ๐. 4H close above it = breakout mode unlocked. Rejection = range play, reduce size ๐
Risks โ ๏ธ
โข Rejection at upper BB $2,226 without volume = false breakout โข Macro still risk-off, so manage size ๐ง
