This morning, I opened a long position on Ethereum (ETH) after observing strong support around the $2,525 zone. The setup was based on a confluence of technical indicators, price bouncing off the 50-day MA and forming a bullish engulfing pattern. I entered at $2,528 with a stop-loss set just below the $2,495 level to manage risk. My short-term target is $2,546, followed by $2,555 if momentum carries. Always remember: no setup is guaranteed, so tight risk management is key. Sharing this to help others stay informed and build stronger trading discipline through real-time strategies.
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🚀 ETH Setup Alert! The market's brewing with potential as ETH hovers near a key decision zone! Whether you're eyeing a breakout above resistance or watching for a clean rejection at the top, both sides of the trade offer sharp setups.
🟢 A strong bounce from the lower support could signal bullish momentum ahead. 🔻 But if ETH struggles to break above key resistance, a short pullback might be on the cards.
This setup is for the patient and strategic trader. Stay sharp, manage your risk, and trade what you see, not what you feel. 📊🔥
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