$ETH 4H: range low rejection sets up a rebound test
Price tested the recent range floor and is stabilizing after a sharp selloff. A reclaim of the breakdown area confirms this paper setup, while a clean close below the range low invalidates it.
Paper trade, 4H long:
→ entry $2,016.75
→ target $2,078.39 (R:R 1.7)
→ invalidation $1,979.75
Does the range low hold, or does support break?
#TechnicalAnalysis #PaperTrading
My opinion only. Do your own research (DYOR).
Price tested the recent range floor and is stabilizing after a sharp selloff. A reclaim of the breakdown area confirms this paper setup, while a clean close below the range low invalidates it.
Paper trade, 4H long:
→ entry $2,016.75
→ target $2,078.39 (R:R 1.7)
→ invalidation $1,979.75
Does the range low hold, or does support break?
#TechnicalAnalysis #PaperTrading
My opinion only. Do your own research (DYOR).
