ETH Trading Strategy Recommendations
🟢 Bullish Strategy (Going Long):
• Buy on Dips:
• Consider buying on dips in the 2410-2420 range, with a stop loss below 2385
• First Target: 2480
• Second Target: 2540-2550 (Reduce position or take full profit)
• Breakout Buy:
• If a strong breakout above 2480 is confirmed, look to go long towards 2540
• Stop loss can be set below the confirmation level on a 5-minute or 15-minute pullback
🔴 Bearish Strategy (Shorting for a Reversal):
• Short Entry Attempt: 2480-2490 Range#
• Stop Loss: If it breaks and holds above 2510
• Take Profit Target: 2420 or deeper pullback to 2385