$ETH : Long Setup
ETH staged a V-shaped recovery from 2,225 and is now pressing into the 2,330–2,360 resistance. I'm waiting for a pullback into the breakout zone instead of buying right under resistance.
Entry: 2,285 – 2,300
Stop-loss: 2,260
- TP1: 2,330
- TP2: 2,360
- TP3: 2,390
Reason: V-shaped recovery on rising volume, price above the rising 9-period MA, and the 2,285–2,300 zone should now act as support. A 1H close above 2,335 opens 2,360+. A 1H close below 2,260 invalidates the setup.
📰 News: Bitcoin fell just below $76,000 early Wednesday as Democrats were reported to be winning both chambers of Congress, then staged a V-shaped recovery as election uncertainty faded. ETH followed BTC higher. The US jobs report is due Friday, so expect sharp moves. Keep size small.
⚠️ Small size, low leverage.
Personal view, not financial advice. DYOR.
#ETH #Ethereum #Binance #crypto #futures
ETH staged a V-shaped recovery from 2,225 and is now pressing into the 2,330–2,360 resistance. I'm waiting for a pullback into the breakout zone instead of buying right under resistance.
Entry: 2,285 – 2,300
Stop-loss: 2,260
- TP1: 2,330
- TP2: 2,360
- TP3: 2,390
Reason: V-shaped recovery on rising volume, price above the rising 9-period MA, and the 2,285–2,300 zone should now act as support. A 1H close above 2,335 opens 2,360+. A 1H close below 2,260 invalidates the setup.
📰 News: Bitcoin fell just below $76,000 early Wednesday as Democrats were reported to be winning both chambers of Congress, then staged a V-shaped recovery as election uncertainty faded. ETH followed BTC higher. The US jobs report is due Friday, so expect sharp moves. Keep size small.
⚠️ Small size, low leverage.
Personal view, not financial advice. DYOR.
#ETH #Ethereum #Binance #crypto #futures
