๐ข $ETH โ FUTURES LONG ๐ | 1H Oversold Bounce Setup
Ethereum is testing the 2,518.66 support area after a sharp 1H sell-off. Price has pushed below the lower Bollinger Band, creating a potential short-term relief bounce setup.
๐ Entry Zone: 2,520 โ 2,545
๐ Stop Loss: 2,495
๐ฏ TP1: 2,560
๐ฏ TP2: 2,585
๐ฏ TP3: 2,610
โก Futures Leverage: 10โ20x
๐ฐ Risk Management: Use only 1โ2% of your total assets for this trade.
๐ Technical Context: โข ETH is testing the recent 2,518.66 low. โข Price is trading below the lower Bollinger Band. โข A reclaim of 2,560 can trigger a short-term relief bounce. โข 2,563.88 is the Bollinger middle-band resistance. โข Overall 1H structure remains bearish. โข This is a counter-trend LONG scalp, not a confirmed reversal. โข A decisive break below 2,518 invalidates the setup.
โ ๏ธ Don't catch a falling knife. Wait for support rejection and confirmation before entering.
Trade $ETH Here ๐
โ ๏ธ Not financial advice. Trade at your own risk.
#ETH #CryptoTrading #FuturesTrading #LongSetup #crypto
Ethereum is testing the 2,518.66 support area after a sharp 1H sell-off. Price has pushed below the lower Bollinger Band, creating a potential short-term relief bounce setup.
๐ Entry Zone: 2,520 โ 2,545
๐ Stop Loss: 2,495
๐ฏ TP1: 2,560
๐ฏ TP2: 2,585
๐ฏ TP3: 2,610
โก Futures Leverage: 10โ20x
๐ฐ Risk Management: Use only 1โ2% of your total assets for this trade.
๐ Technical Context: โข ETH is testing the recent 2,518.66 low. โข Price is trading below the lower Bollinger Band. โข A reclaim of 2,560 can trigger a short-term relief bounce. โข 2,563.88 is the Bollinger middle-band resistance. โข Overall 1H structure remains bearish. โข This is a counter-trend LONG scalp, not a confirmed reversal. โข A decisive break below 2,518 invalidates the setup.
โ ๏ธ Don't catch a falling knife. Wait for support rejection and confirmation before entering.
Trade $ETH Here ๐
โ ๏ธ Not financial advice. Trade at your own risk.
#ETH #CryptoTrading #FuturesTrading #LongSetup #crypto