The same principle applies to $ETH we’re ranging between $3,100 and $3,500.

Look for longs around $3,100–$3,200 and shorts around $3,400–$3,500.

If we see a breakout, you can simply place your stop-loss just below or above $3,100 and $3,500.

Range trading is usually one of the easiest trading strategies, it allows you to set your stop-loss levels clearly and effectively.