Ethereum


Direction: Short
Entry: Around 2980-3000
Confidence: Medium
Leverage: 10x
Position: 10%
Take Profit: Level 1: Around 2950 (for stability) Level 2: Around 2920
Stop Loss: Slightly above 3040 by one point
Reason: Pursuing a short position is risky; waiting for a rebound before shorting is more stable. Ethereum faces resistance at the 3000 level, and when approaching it, you can short again.
Note: Do not place orders at integer levels, as they are hard to execute. Placing orders just below the resistance zone makes execution easier. Currently, due to many fake breakouts and false breakdowns, to prevent such situations, we set stop-loss slightly higher, lower the risk-reward ratio, and significantly increase the win rate when trading.
ETH0.67%
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