๐ $ETH Spot Trade Setup
๐ข Entry Zone: $2,530 - $2,545
๐ Stop-Loss: $2,505
๐ฏ Profit Target 1: $2,565
๐ฏ Profit Target 2: $2,590
๐ฏ Profit Target 3: $2,620
โ๏ธ Risk/Reward Ratio: Approximately 1:2.4 (based on entry at $2,537.50, mid-zone)
๐ Strategy Notes: Once Profit Target 1 is reached, consider moving your stop-loss to your entry price (breakeven) to protect your initial capital. Trail your stop-loss higher as each profit target is met to lock in gains.
๐ก Pro Tip: Notice the recent bullish engulfing candle breaking above the 7-period moving average, suggesting potential upward momentum for $ETH