๐ข $ETH long: buyers must defend 2508โ2509 on the 4H
This is a bounce attempt under the trend, so the stop matters. I want to see 2508 hold before anything else.
What I'm seeing:
- 4H price 2508 below EMA50 2589, so this is a bounce under the trend
- Risk 0.46% to SL vs 0.70% to TP3, about 1.5R if the full move plays out
- Daily above EMA200 2303, the bigger trend is on this side
๐ข LONG ยท Entry 2508โ2509 ยท TP 2515 / 2519 / 2526 ยท SL 2497
DYOR NFA.
#ETH #Ethereum $ETH
This is a bounce attempt under the trend, so the stop matters. I want to see 2508 hold before anything else.
What I'm seeing:
- 4H price 2508 below EMA50 2589, so this is a bounce under the trend
- Risk 0.46% to SL vs 0.70% to TP3, about 1.5R if the full move plays out
- Daily above EMA200 2303, the bigger trend is on this side
๐ข LONG ยท Entry 2508โ2509 ยท TP 2515 / 2519 / 2526 ยท SL 2497
DYOR NFA.
#ETH #Ethereum $ETH