Intraday Trading Suggestions (Spot) $ETH
Based on $ETH at $2013, here are two scenarios for intraday trading:
Entry Point: $2015
Why? Slightly above the current price, assuming a bounce from $2000 support or a breakout from consolidation.
Target: $2035
Why? Aiming for a modest gain near the next resistance or a prior swing high.
Stop Loss: $2005
Why? Below $2000 support to limit losses if the trade fails.
Rationale: If ETH holds above $2000 with bullish signals (e.g., RSI rising from oversold or a MACD bullish crossover), this offers a 1:2 risk-reward ratio (risk $10, gain $20).