Ethereum ($ETH ) Long Trade Setup
Entry Price: $1920 (Buy)
Stop-Loss (SL): $1800 (Risk: $120)
Take-Profit (TP): $2020 (Reward: $100)
Risk-Reward Ratio: 1:0.83 (Risking $120 to gain $100)
Trade Type: Long (Buy)
Trade Execution:
Buy ETH at $1920.
Set Stop-Loss at $1800 to limit downside risk.
Set Take-Profit at $2020 if ETH rebounds.
Monitor Resistance at $2230, as ETH may struggle to break above it.
Risk Management:
If ETH continues to decline and struggles to hold $1900, be prepared to exit early.
Since the trend is bearish, this trade carries more risk—consider reducing position size or waiting for confirmation before entering.
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