$ETH ETH 2051 Position Strategy



$ETH Currently around 2051 USDT~

Here's the conclusion first: I prefer to see a pullback first, then choose a new direction. No rush to chase upward.

The reasons are simple:
First, the price is already near the resistance zone. Pushing higher offers limited space and risk-reward ratio, which isn't very worthwhile.
Second, divergence at high levels is starting to widen. In short-term structures like this, it's most likely to experience a shakeout first.

⚠️ Quick reminder:
If the price reclaims the key level on the 5-minute chart, or on the 15-minute chart, or if it breaks out and forms a higher low, these are signs that the current strategy may be invalid. Adjust immediately.

📌 Small trading plan
Entry price: around 2070 USDT
Target price: 1947 USDT
Stop-loss reference: 2119 USDT

The biggest risk at this level is that the resistance is broken through with high volume. Once volume surges past, you can't hold on stubbornly.

If I were trading:
I wouldn't rush to go long, nor would I open positions recklessly. I’d wait and watch a bit longer, and only act once the trend becomes clearer. Better to earn less than get shaken out.
ETH-0,77%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin