$ETH The SOXL strategy mentioned in the previous update has played out as expected, locking in profits right on schedule. Don’t let the confirmed signal distract you—the main story is accumulation. BTC has repeatedly tested a key level on the four-hour chart without breaking below it, while trading volume has contracted noticeably. Selling pressure is being absorbed gradually. I’ve seen this kind of setup many times: the more it tests your patience, the more it suggests that positions are changing hands.
The support zone below is holding up well. As long as there’s no high-volume breakdown, a pullback gives the bulls room to step in. If resistance above is broken on strong volume, the upside could open up faster than expected. I favor following the trend and going long, adding in batches on pullbacks rather than chasing prices higher.
🟢 Trade direction: Long
📍 Entry range: 2500 – 2470
🛑 Stop loss: 2450
🎯 Take profit 1: 2520
🎯 Take profit 2: 2569
Take in the vastness of mountains and seas; observe the market’s finer details.
Join Uncle Xiong and witness the gains and losses of the world.
#ETH
Click below to trade 👇
The support zone below is holding up well. As long as there’s no high-volume breakdown, a pullback gives the bulls room to step in. If resistance above is broken on strong volume, the upside could open up faster than expected. I favor following the trend and going long, adding in batches on pullbacks rather than chasing prices higher.
🟢 Trade direction: Long
📍 Entry range: 2500 – 2470
🛑 Stop loss: 2450
🎯 Take profit 1: 2520
🎯 Take profit 2: 2569
Take in the vastness of mountains and seas; observe the market’s finer details.
Join Uncle Xiong and witness the gains and losses of the world.
#ETH
Click below to trade 👇