Earlier this week, I entered a long trade on $ETH after noticing a breakout from a consolidation pattern that had been forming for several days. I set my entry at $3,050, just above the resistance line, and placed a tight stop loss at $3,000 to manage risk. My first target was $3,200, which aligned with the next supply zone on the 4H chart. The trade took some time to play out, but the momentum kicked in after a strong daily close above $3,100. It finally hit TP yesterday. What worked here was patience and trusting the breakout with solid volume confirmation.
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