$ETH — Long Setup
Trade Parameters
- Direction: Long
- Entry Zone: 2420–2440
- Targets:
- Target 1: 2520-2540
- Target 2 (if > 2650): 2700
- Stop Loss: Not specified or pending monitoring
Technical Rationale / Context
- Double bottom formation followed by breakout from range.
- Return to the descending trendline.
- Upcoming resistance zones identified at 2600-2650.
Invalidation/Risk Rule
The long scenario assumes staying above current support levels; if price fails to hold way up towards targets after a potential correction.
! DYOR (Do Your Own Research)
