We are seeing a nice recovery on the daily timeframe, currently sitting at 0.7805😁💸
The price is approaching a key resistance level at 0.80
I am not chasing the green candle here. Waiting for a clean confirmation.
· Entry (Long): Only if the 1D candle closes above 0.8000. This flips resistance into support.
· Targets: First TP at 0.8500, second target at 0.9000.
· Stop Loss: Tight stop at 0.7400 to protect capital if it rejects here.
If it rejects 0.80, we might see a pullback to 0.72 for a better re-entry. Patience is key.
$ETHFI
The price is approaching a key resistance level at 0.80
I am not chasing the green candle here. Waiting for a clean confirmation.
· Entry (Long): Only if the 1D candle closes above 0.8000. This flips resistance into support.
· Targets: First TP at 0.8500, second target at 0.9000.
· Stop Loss: Tight stop at 0.7400 to protect capital if it rejects here.
If it rejects 0.80, we might see a pullback to 0.72 for a better re-entry. Patience is key.
$ETHFI
