đ $ETH /USDT LONG ALERT: DOUBLE BOTTOM RETEST AT KEY DEMAND ZONE! đâĄïž
After a sharp pullback from local highs, $ETH is currently testing a massive liquidity block right at the psychological 2,700 level. The 15m chart shows a deep wick down to this demand zone, setting up a potential double bottom structure just above the 24h Low (2,690.52). If bulls defend this base, a swift relief bounce is imminent!
đŻ Trade Setup:
Position: LONG
Entry Zone: 2,696.00 â 2,704.00 (Entering near the bottom wick absorption)
Stop Loss (SL): 2,686.00 (Strict invalidation just below the 24h Low of 2,690.52 to prevent downside cascades)
Take Profit Targets:
TP1: 2,712.00 (First local resistance shelf)
TP2: 2,727.00 (Recent breakdown level)
TP3: 2,738.68 (Retesting the 24h High liquidity pool)
đĄïž Risk Plan:
Because the Stop Loss is very tight (~0.4% - 0.6% risk), you can utilize higher leverage (e.g., 20x - 50x) while keeping your total portfolio risk strictly at 1% â 2%. Automatically shift your Stop Loss to Entry (breakeven) as soon as TP1 (2,712.00) is reached!
đŹ Will $ETH hold the 2,700 line and bounce back to 2,738? Drop your targets below! đđ„
After a sharp pullback from local highs, $ETH is currently testing a massive liquidity block right at the psychological 2,700 level. The 15m chart shows a deep wick down to this demand zone, setting up a potential double bottom structure just above the 24h Low (2,690.52). If bulls defend this base, a swift relief bounce is imminent!
đŻ Trade Setup:
Position: LONG
Entry Zone: 2,696.00 â 2,704.00 (Entering near the bottom wick absorption)
Stop Loss (SL): 2,686.00 (Strict invalidation just below the 24h Low of 2,690.52 to prevent downside cascades)
Take Profit Targets:
TP1: 2,712.00 (First local resistance shelf)
TP2: 2,727.00 (Recent breakdown level)
TP3: 2,738.68 (Retesting the 24h High liquidity pool)
đĄïž Risk Plan:
Because the Stop Loss is very tight (~0.4% - 0.6% risk), you can utilize higher leverage (e.g., 20x - 50x) while keeping your total portfolio risk strictly at 1% â 2%. Automatically shift your Stop Loss to Entry (breakeven) as soon as TP1 (2,712.00) is reached!
đŹ Will $ETH hold the 2,700 line and bounce back to 2,738? Drop your targets below! đđ„