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ETH SNIPER ENTRY STILL MOVING
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XLMUSDT Long 📦 Entry Zone: $0.28025 (Marked on chart) 🎯 TP1:0.28841 🎯 TP2:0.3068 ❌ SL: $0.26751 🧠 Strategy: ✅ Use low leverage ✅ Risk only 2–5% per trade ⚠️ Stick to the plan — no chasing trades. Discipline = Consistency 💹 TuffyCalls Team
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Well this month is crazy #mypnl
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#fet printed
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The chart shows **ETH/USD (Ethereum to USD)** on the **4H timeframe**, forming a **rising channel** pattern. Here's a breakdown of the analysis: --- ### 🔍 **Pattern Identified** * **Rising Channel** (also known as an ascending channel): * **Upper Resistance Line:** Price is currently testing this line. * **Lower Support Line:** Held multiple times, confirming structure. --- ### 📈 **Current Price Action** * **Price:** \~\$2,796.7 * ETH is **at the top of the channel**, facing strong **resistance**. * Recent move was sharp and bullish, indicating momentum. --- ### ⚠️ **Possible Scenarios** #### ✅ **Bullish Breakout (Less Common in Channels)** * If price **breaks above** and **closes convincingly above the channel**, especially with high volume: * Target zones: \$2,900 → \$3,000 → \$3,200. * Look for **bullish continuation setups** on lower timeframes. #### ❌ **Rejection from Resistance (More Likely)** * If price **rejects the top** of the channel: * Expect a pullback toward the **mid-line** or **lower support** (\~\$2,550 to \$2,400). * This would offer a potential **buy-the-dip** opportunity. --- ### 📉 **Bearish Confirmation** * A **breakdown below the lower trendline** (\~\$2,400): * Invalidates the channel. * Could trigger deeper correction toward \$2,200 and below. --- ### 📊 **Strategy Suggestions** #### If Trading the Range: * **Sell/Short** near top of channel (\~\$2,800), SL above channel. * **Buy/Long** near bottom of channel (\~\$2,400), SL below channel. #### If Anticipating Breakout: * **Wait for retest** after breakout and enter on confirmation. * Use trailing stops to manage risk. --- ### 🧠 Summary | Bias | Direction | Reason | | ------- | ------------- | ------------------------------------------- | | Neutral | Ranging | Still inside the channel | | Bullish | Above \$2,850 | Breakout with volume can fuel momentum | | Bearish | Below \$2,400 | Breakdown from channel means trend reversal |
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