#ETH ETH Scalping Play: Riding the Breakout Momentum to $1,900+

• Trade Style: High-Risk Scalping.

• Trade Direction: Long (Bullish Continuation)

• Entry Zone: $1,855–$1,865 (on minor dip near current support)

• Immediate Stop-Loss: $1,829 (below last breakout candle low)

• Take-Profit Zones:

  • Target 1: $1,880 (recent wick high / local resistance)

  • Target 2: $1,895–$1,900 (psychological and extension level)

• Risk/Reward Ratio: 1:2.1 (Risk $35 / Reward $75)

• Maximum Holding Time: 6–12 hours

• Scalp Strategy Explanation:

This is a Breakout Retest Momentum Setup. ETH just broke above consolidation with increasing volume and cleared the previous resistance zone near $1,830. A minor pullback or consolidation is likely before the next leg up.

• Confirmation Required:

Retest of breakout zone ($1,855–$1,860) with a bullish pin bar or engulfing candle and sustained volume above 150K on 4H.

• Market Sentiment Overview:

Momentum has shifted clearly bullish; higher lows are intact, and MA(7) & MA(25) crossover supports trend strength. Volume spike confirms buyer dominance.

• Caution Note / Invalidation Level:

Break below $1,829 with high volume or close below MA(25) would invalidate this setup. Consider waiting for new structure in that case.