This trading plan is based on current price action, technical indicators, and key support/resistance levels. Given Ethereum’s volatility and recent movements, we will apply a storm trading strategy, which involves a short-term, high-risk, high-reward approach.
1️⃣ Trade Setup
Trading Pair: ETH/USDT
Current Price: $1,925.27
Market Trend: Short-term bullish recovery after a dip to $1,840.
2️⃣ Entry Strategy
📌 Entry Price: $1,910 - $1,920
Enter on a small pullback near the 7-day moving average (MA7) at $1,919.
If ETH breaks below $1,910, wait for a retest of $1,900 before entering.
3️⃣ Stop Loss (SL) – Risk Management
📉 Stop Loss: $1,875 (-2.3% risk)
Below key support zone ($1,880 - $1,890).
A break below this level invalidates the bullish momentum.
4️⃣ Take Profit (TP) – Target Levels
🎯 Take Profit 1 (TP1): $1,950 (+1.3%) → First resistance level. 🎯 Take Profit 2 (TP2): $1,980 - $1,990 (+3%) → Key resistance & intraday high. 🎯 Take Profit 3 (TP3): $2,020 - $2,050 (+5%) → Psychological resistance.
5️⃣ Trade Management & Adjustments
✅ Break-Even Strategy: Move Stop Loss to Entry ($1,920) once ETH reaches $1,945. ✅ Trailing Stop: If ETH breaks $1,980, trail SL to $1,950 to lock in profits.
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