Watch $ETH Support Carefully (For Scalpers)
If you're in a short position, make sure the candle doesn't bounce back above the support zone. If it comes back up, that means it's likely a fake breakout. You should think about exiting the trade or booking some profits.
If it turns out to be a fake breakout, you can look for a long entry. Use a stop loss and manage your position based on your risk. Let the chart guide you, no need to rush.
If you're in a short position, make sure the candle doesn't bounce back above the support zone. If it comes back up, that means it's likely a fake breakout. You should think about exiting the trade or booking some profits.
If it turns out to be a fake breakout, you can look for a long entry. Use a stop loss and manage your position based on your risk. Let the chart guide you, no need to rush.
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ETH
2,611.1
+0.14%
