🚀 **Ethereum Long Position Strategy 📈

🎯 **Entry Point:**

I am longing Ethereum at $3,750. This level is determined based on technical analysis and price movements.

🛑 **Stop-Loss Level:**

I plan to close the position if it falls below $3,700. This is part of my risk management strategy.

🎯 **First Target Area:**

I aim to take profits around $3,900. This level is determined by the price approaching a significant resistance point.

🎯 **Second Goal:**

I expect the price to rise to the $4,200 - $4,400 range. This range represents potential long-term resistance levels and is where I set my trading half as my take profit level.

📊 **Analysis and Rational Approach:**

Ethereum has shown a strong uptrend in recent days and is currently trading at $3,750. Technical indicators indicate that this upward trend may continue. The downtrend has a maximum low at $3,740.

In the short term, with a medium-sized leverage, an average of 35-40% profit can be achieved by removing the liquidation level from its risky situation. Reading the charts, trying the analysis and determining the direction is a process that requires attention and patience.

🔄 **Risk Management:**

I avoid taking excessive risks by adjusting my position size according to my account balance. By setting the stop-loss level, I create a protected position against sudden price fluctuations and always keep a cash amount for different scenarios.

Monitoring and Changes: Once the trade is opened, I closely monitor price movements and am flexible when necessary to update my strategy. However, I take a logical approach rather than emotional decisions; After all, every dollar lost is a loss.

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