$ETH #StopLossStrategies Entry Plan (Buy Zone):
Ideal Buy Range: $114 – $117
This is a strong support zone where price has bounced previously.
Aggressive Entry: Around $118–$119, if you're confident it will break resistance at $124 soon.
Stop-Loss: $110
Place a stop-loss just below major support to protect capital.
Exit Plan (Profit Targets):
Target 1: $124 (First resistance) → Partial profit or move stop-loss to break-even
Target 2: $130 (Next resistance) → Take more profits
Target 3: $147 (Major resistance) → Full exit or trail stop to ride further if bullish momentum continues
Risk Management:
Only risk 1–2% of your capital per trade.
Use position sizing based on your stop-loss distance. For example:
Buying at $116 with a $110 stop = $6 risk per $SOL
If your risk tolerance is $60, then you can buy 10 $SOL (60 / 6 = 10)
