$ETH
🚀 ETH/USDT: Recovery after the sell-off. Heading toward breakeven?
Ether is showing a confident rebound after recently plunging sharply to 2174.08. The asset is now trading at 2290.23 (+0.90% over 24 hours).
📊 My position breakdown:
Cost basis (entry): 2355.67. I’m still in a manageable drawdown, but the momentum is positive.
Local resistance: 2317.84 (24-hour high).
Support: 2247.84 (24-hour low).
Volume: Over 400 million USDT in 24 hours—the market has liquidity.
⚙️ Action plan:
1. Challenge resistance: The first goal is to break through and hold above the 24-hour high of 2317.84. This would open a direct path to my breakeven price of 2355.67. I’m calmly holding my position.
2. Pullback (DCA): If buyers run out of steam and we move down to test support (2247.84), that will be the zone for my limit orders to average down and lower my average entry price.
👇 What’s your ETH entry price? Are you in a drawdown with me, or did you manage to buy the exact bottom? Share in the comments!
🚀 ETH/USDT: Recovery after the sell-off. Heading toward breakeven?
Ether is showing a confident rebound after recently plunging sharply to 2174.08. The asset is now trading at 2290.23 (+0.90% over 24 hours).
📊 My position breakdown:
Cost basis (entry): 2355.67. I’m still in a manageable drawdown, but the momentum is positive.
Local resistance: 2317.84 (24-hour high).
Support: 2247.84 (24-hour low).
Volume: Over 400 million USDT in 24 hours—the market has liquidity.
⚙️ Action plan:
1. Challenge resistance: The first goal is to break through and hold above the 24-hour high of 2317.84. This would open a direct path to my breakeven price of 2355.67. I’m calmly holding my position.
2. Pullback (DCA): If buyers run out of steam and we move down to test support (2247.84), that will be the zone for my limit orders to average down and lower my average entry price.
👇 What’s your ETH entry price? Are you in a drawdown with me, or did you manage to buy the exact bottom? Share in the comments!
