#ETH smart money is buying eth dip
🛡️ Trade Plan (Long Setup)
Entry Zone: $2,380 – $2,420
Stop-Loss: Below key support, around $2,320 (gives room for a liquidity sweep)
TP1: $2,650 (previous resistance)
TP2: $2,800 (if momentum continues)
📊 Risk-to-Reward (R:R) Example
Assume:
Entry at $2,400
SL at $2,320 → Risk: $80
TP1 at $2,650 → Reward: $250 → R:R ≈ 3.1
TP2 at $2,800 → Reward: $400 → R:R ≈ 5.0
🔍 Confirmation to Look For:
Bullish engulfing or hammer candle around $2,400
RSI bullish divergence or bounce from oversold
High volume wick or fakeout below $2,400
Price reclaims $2,420 fast after dip → sign of smart money buying