Trading Strategy For $ETH
Entry Point (Buy): Enter near the $3,080–$3,100 range if the price consolidates and confirms support at $3,072.
Stop Loss: Place a stop loss below $3,060, as breaking this level could signal further downside.
Take Profit Targets:
First Target: $3,140 (near MA(99)).
Second Target: $3,220 (24-hour high).
Breakout Trade: If the price breaks above $3,225, consider entering a long position targeting $3,300, with a stop loss below $3,200.
Shorting Opportunity: If the price breaks below $3,072, enter a short position targeting $3,020, with a stop loss at $3,100.
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