ETH/USDT
Position: LONG
Entry Price: $2,480.00 [This entry allows for a minor pullback after the initial impulse]
Take Profit Price: $2,610.00
Stop Price: $2,448.00
Risk/Reward Ratio: 4.07:1
Analysis: The trade is based on a strong rejection of the major 4-hour range support at $2,400. This rejection was confirmed on the 1-hour chart by a clear bullish momentum shift with high volume. We are entering on a limit order pullback, anticipating a continuation of this upward rotation within the established 4H range. The stop loss at $2,448 is placed below the recent 1H bullish structure, providing a logical invalidation point. The take profit target is the 1-hour chart's Point of Control (POC) at $2,610, which represents a high-volume node and a logical target for price to rotate back towards. This setup provides an excellent Risk/Reward ratio and aligns perfectly across both timeframes.
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