ETH tagged $2,707 — don't chase the wick.
4H setup (live Binance spot):
• Resistance: $2,700–$2,708
• Retest zone: $2,610–$2,640
• Invalidation: 4H close below $2,565
ETH +3.1% vs BTC +1.2% today. Strength is real — but the edge is a retest of the breakout, not FOMO mid-candle.
If price holds $2,610–$2,640 and thesis stays intact, size small. No thesis if we lose $2,565 on a 4H close.
NFA. Discuss: RETEST or WAIT?
$ETH #ETH #ChartSetup #RiskManagement
4H setup (live Binance spot):
• Resistance: $2,700–$2,708
• Retest zone: $2,610–$2,640
• Invalidation: 4H close below $2,565
ETH +3.1% vs BTC +1.2% today. Strength is real — but the edge is a retest of the breakout, not FOMO mid-candle.
If price holds $2,610–$2,640 and thesis stays intact, size small. No thesis if we lose $2,565 on a 4H close.
NFA. Discuss: RETEST or WAIT?
$ETH #ETH #ChartSetup #RiskManagement
