Ethereum bounce trade $ETH
Despite the current positive momentum of $ETH and its approach to $2,506, chasing green candles at the highs carries risk. The strongest strategy now is to wait for a pullback and buy from support zones to reduce risk.
- Suggested trading plan:
- Entry zone: between 2,470 - 2,480 or (retest of the MA25 average)
- Targets: 2,506 - 2,521 - 2,580
🛑 Stop loss: a 4-hour candle close below 2,420
- Smart trading depends on patience and safe entry; don’t chase the rise!
@Ali BNB
#ETH #Ethereum #Crypto #TechnicalAnalysis
Despite the current positive momentum of $ETH and its approach to $2,506, chasing green candles at the highs carries risk. The strongest strategy now is to wait for a pullback and buy from support zones to reduce risk.
- Suggested trading plan:
- Entry zone: between 2,470 - 2,480 or (retest of the MA25 average)
- Targets: 2,506 - 2,521 - 2,580
🛑 Stop loss: a 4-hour candle close below 2,420
- Smart trading depends on patience and safe entry; don’t chase the rise!
@Ali BNB
#ETH #Ethereum #Crypto #TechnicalAnalysis
