๐ $ETH trading Update: Long vs. Short Positions!
๐น Current $ETH Price: $2,247.73 (+2.44%)
๐น 24h High: $2,319.99
๐น 24h Low: $2,161.78
๐ Long Position (Bullish View):
If #ETH breaks above $2,255 and sustains momentum, it could retest $2,291 or even challenge the $2,319 resistance. A strong breakout above this level may push ETH towards $2,328 and beyond.
๐ Short Position (Bearish View):
If #Ethereum fails to hold above $2,247, it could drop toward the $2,219 support level. A breakdown below $2,183 may trigger further losses, testing the $2,161 low.
โก Strategy:
Long Entry: Above $2,255 with a target of $2,291โ$2,319.
Short Entry: Below $2,219 with a target of $2,183โ$2,161.
Stop Loss: Always use risk management strategies to protect your capital.
Are you bullish or bearish on ETH? Drop your thoughts below! ๐๐ฅ