Held ETH for three days, made a profit last night but didn't take it because it was too little. As expected, a person has two hearts. Do you all think it's still necessary to hold on? It's been three days!! #eth
Ethereum has retraced into a supply zone after a sharp drop, showing weakness near $2240 resistance. This bearish structure confirms a short opportunity with tight invalidation.
✅ Entry Point $2,245 📉 Current Price $2,235 ($10 below the entry price) 🛑 Stop Loss $2,215 🔻 Pullback from the top: Yes - price reached 2,247 and then declined 🕯️ Hourly candles tend to weaken / no strong volume currently ⚠️ Negative short-term momentum
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🧠 Technical Decision:
If this happens... do this
✅ Price rebounds from 2,232 to 2,235. Hold the position - weak intraday support. ❌ 1-hour candle closes below 2230 ⚠️ Weak signal – watch your stop loss carefully ❌ Clear breakout of $2215. Close the trade immediately – Limit stop loss (~$40).
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🔁 Do we activate a contingency plan to sell (short) in case of a breakout?
✳️ My suggestion:
If the price exceeds $2,215 with a 15-minute or 1-hour close and a bearish confirmation candle appears, You can enter into a short trade 👇
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🧨 Contingency plan (if the buy fails):
Item value
Entry $2,210–$2,215 after a clear breakout Stop loss $2,230 First target $2,160 Second target $2,090 Capital $400 Leverage 10x Risk ~$40 maximum
$ETH has just given a breakout of the falling wedge pattern in the 15 minute time frame and the retest has also been done, now you can enter the short trade if you want POSITION MENTION THE CHART 👇