**🚀 ETHUSDT Trade Setup (Binance) 🚀**
**Entry Zone**: **1,900 - 1,910**
**Stop Loss (SL)**: **1,898** (Below "Strong Low" support at 1,890.89)
**Take Profit Targets**:
- **TP1**: **1,925** (Key intraday resistance)
- **TP2**: **1,948** (Aligns with major resistance at 1,948.66)
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### 📊 **Key Analysis**
1. **Support & Resistance**:
- **Strong Support**: 1,890.89 (Critical level; SL placed just above at 1,898).
- **Resistance Levels**: 1,920 → 1,940 → 1,948.66 (TP targets).
- **Current Price Action**: ETH is consolidating near 1,906 (-1.04% today).
2. **Risk-Reward Ratio**:
- **Risk**: 2-12 USDT (1,900 entry to 1,898 SL).
- **Reward**:
- **TP1**: 1:12.5 RR (25 USDT gain).
- **TP2**: 1:24 RR (48 USDT gain).
3. **Timing**:
- Watch **06:00, 12:00, 18:00 UTC** for volatility spikes (mentioned in chart).
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### 🚨 **Critical Notes**
- **CHOCH**: Likely refers to a technical signal (e.g., "Change of Character"); confirm with price action.
- **Aggressive SL**: Tight stop loss assumes immediate reversal from the "Strong Low" zone.
- **Market Context**: ETH is in a short-term downtrend – wait for bullish confirmation (e.g., hammer candle, RSI divergence).
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### 🎯 **Trade Execution Plan**
1. **Entry**: Buy between **1,900-1,910** (ideal entry near 1,900 for better RR).
2. **SL**: Place at **1,898** (protects against a breakdown below "Strong Low").
3. **TP1**: **1,925** (partial profit).
4. **TP2**: **1,948** (final target at major resistance).
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**🔥 Pro Tip**: Use a **trailing stop loss** after TP1 to lock in profits if momentum stalls.
**⚠️ Disclaimer**: This is not financial advice. Trade responsibly!
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