Don't Panic About the ETH Plunge! Experienced Traders Teach You How to Accurately Buy the Dip + Set Stop Losses
It dropped 11% in one day, but opportunities are coming! Follow my strategy, and you can accomplish it in three steps:
Buying the Dip Timing
Start buying when the price falls below $2390! Remember to buy in batches, adding to your position every $50 drop (2390→2340→2290). Don't go all in at once; leave some bullets!
Stop Loss Line
If the closing price falls below $2290, you must run! This is a strong support level on the weekly chart; if it breaks, it indicates a bad trend, so don't stubbornly hold on!
Take Profit Position
Sell half when it rebounds to $2580. If it can break through this resistance level, you might be able to hold until $2700 before selling.
Current Operation Suggestions:
For those with no position/light positions: place buy orders below $2390 in batches, and set a stop loss at $2290. For those heavily invested and trapped: sell half at $2580 on a rebound, and if it falls back to $2390, add more.
Key Reminder:
Currently, 71% of retail investors are going long, which is very dangerous! The big players are sure to shake the market. Trading volume is still decreasing; wait for a significant drop with increased volume to buy the dip. Although indicators are oversold, don't rush in without seeing big funds entering the market.
Next, I will continue to lay out my strategic orders. Instead of fumbling around yourself and missing the best entry and exit points leading to losses, it's better to follow me. Those who agree, come directly.
