The LAB strategy shared earlier has already banked solid profits this time around. Keep an eye on the momentum, everyone—the undercurrents are still there, so don’t let intraday counter-moves throw you off. $ETH still has a relatively weak structure. Both the four-hour and hourly charts are below the moving averages. Under this double layer of resistance, a rebound looks more like an opportunity for bears to get into position than a sign that the trend is about to reverse.
When watching the market, it’s easy to get excited by a single bullish candle. But if volume doesn’t follow through and the structure hasn’t recovered, it’s just a bounce, not a reversal. I’m watching the invalidation line above. As long as the price can’t close above it, a move lower is more likely. Be patient and wait for the rebound to run its course before confirming.
🔴 Trade direction: Short
📍 Entry range: 2399.63 – 2402.59
🛑 Stop loss: 2431.41
🎯 Take profit 1: 2378.39
🎯 Take profit 2: 2363.24
🎯 Take profit 3: 2340.52
There’s no need to chase the winds of opportunity; they’ll settle on their own.
Stand alongside Sister Li, and let every moment leave an echo.
#ETH
Click below to trade 👇
When watching the market, it’s easy to get excited by a single bullish candle. But if volume doesn’t follow through and the structure hasn’t recovered, it’s just a bounce, not a reversal. I’m watching the invalidation line above. As long as the price can’t close above it, a move lower is more likely. Be patient and wait for the rebound to run its course before confirming.
🔴 Trade direction: Short
📍 Entry range: 2399.63 – 2402.59
🛑 Stop loss: 2431.41
🎯 Take profit 1: 2378.39
🎯 Take profit 2: 2363.24
🎯 Take profit 3: 2340.52
There’s no need to chase the winds of opportunity; they’ll settle on their own.
Stand alongside Sister Li, and let every moment leave an echo.
#ETH
Click below to trade 👇