$ETH
Went long at 2390 early this morning. After gaining a dozen-plus points, the price reversed and triggered the stop loss, then continued to fluctuate. A bit unfortunate.
📉 The broader range remains biased to the downside, but there are still opportunities for short-term longs on the 1H timeframe.
Today's strategy:
① Go long at 2350 → 2420 / 2460 (conservative/optimistic)
🛑 Stop loss: 2330
A break below 2330 would mean the support at the bottom of the range has failed, invalidating the short-term long setup.
② Go short if price rebounds to 2420 → around 2300
🛑 Stop loss: 2460
2450 is key resistance above. Given the possibility that insufficient selling pressure could lead to a brief breakout or an upward spike, the stop loss is set at 2460.
Went long at 2390 early this morning. After gaining a dozen-plus points, the price reversed and triggered the stop loss, then continued to fluctuate. A bit unfortunate.
📉 The broader range remains biased to the downside, but there are still opportunities for short-term longs on the 1H timeframe.
Today's strategy:
① Go long at 2350 → 2420 / 2460 (conservative/optimistic)
🛑 Stop loss: 2330
A break below 2330 would mean the support at the bottom of the range has failed, invalidating the short-term long setup.
② Go short if price rebounds to 2420 → around 2300
🛑 Stop loss: 2460
2450 is key resistance above. Given the possibility that insufficient selling pressure could lead to a brief breakout or an upward spike, the stop loss is set at 2460.