$ETH 4H: testing the range low for a support bounce
ETH has dropped into the 10-day range floor after losing short-term momentum. A bullish rejection and reclaim confirm this paper setup; a clean close below the range low invalidates it.
Paper trade, 4H long:
→ entry $2,653.71
→ target $2,698.00 (R:R 1.7)
→ invalidation $2,627.00
Will buyers defend the range floor?
#TechnicalAnalysis #PaperTrading
This is not financial advice. DYOR.
ETH has dropped into the 10-day range floor after losing short-term momentum. A bullish rejection and reclaim confirm this paper setup; a clean close below the range low invalidates it.
Paper trade, 4H long:
→ entry $2,653.71
→ target $2,698.00 (R:R 1.7)
→ invalidation $2,627.00
Will buyers defend the range floor?
#TechnicalAnalysis #PaperTrading
This is not financial advice. DYOR.