The SOL strategy we shared earlier already took profit in the previous round. Stay calm and look at the reversal—the higher-risk-reward signals may be more worth watching. $ETH is currently trading below the moving averages on both the 4-hour and 1-hour charts. Don’t rush to chase it; wait for a rebound to the resistance above before considering an entry. Looking at the market, selling pressure is still present and trend indicators remain bearish. The daily chart is range-bound, yes, but until the 4-hour resistance is cleared, any bounce looks more like an opportunity for bears to get positioned.
If volume contracts near the key level, the odds of a move lower increase. Personally, I’d favor testing the waters with a small position. Don’t get greedy, and don’t stubbornly hold on before the structure takes shape. Manage your own risk carefully.
🔴 Trade direction: Short
📍 Entry zone: 2420.83 – 2423.05
🛑 Stop loss: 2449.95
🎯 Take profit 1: 2400.94
🎯 Take profit 2: 2386.93
🎯 Take profit 3: 2365.93
There’s no need to chase the prevailing trend; it will come to you.
Stand alongside Sister Li, and let every moment resonate.
#ETH
Click below to trade 👇
If volume contracts near the key level, the odds of a move lower increase. Personally, I’d favor testing the waters with a small position. Don’t get greedy, and don’t stubbornly hold on before the structure takes shape. Manage your own risk carefully.
🔴 Trade direction: Short
📍 Entry zone: 2420.83 – 2423.05
🛑 Stop loss: 2449.95
🎯 Take profit 1: 2400.94
🎯 Take profit 2: 2386.93
🎯 Take profit 3: 2365.93
There’s no need to chase the prevailing trend; it will come to you.
Stand alongside Sister Li, and let every moment resonate.
#ETH
Click below to trade 👇