COMP Short-term Long Position Strategy$COMP



โฐ Cycle: 1-hour short-term order
๐Ÿ’ฐ Position: 5% of total funds, recommended leverage 25x

โœ… Entry point: Market order directly around 23.60

Logic: Stand firm above all short-term moving averages on the 1-hour chart, the previous high of 23.77 is about to be broken with increased volume, retesting the moving average support with no selling pressure

Fundamentals: rsETH vulnerability fix plan implemented, all negative news exhausted, market sentiment shifting from panic to recovery

Stop loss: 22.64 (breaks recent low, upward channel invalidated, unconditional exit)

โ€ข Take profit 1: 24.53 (breaks previous high, first short-term target, can reduce position by half)

โ€ข Take profit 2: 25.44 (upper boundary of previous consolidation, exit all positions)

๐Ÿ’ก Additional tips: Healthy volume and price action, increasing volume on upward moves, decreasing volume on pullbacks, bullish momentum is sufficient

โ€ข If breaking through 23.77 directly, hold for higher targets, do not exit early

โ€ข If encountering resistance and pulling back without breaking 23.38 (MA20), continue holding; if broken, reduce position and watch$APE $ETH
โœ…โœ…โœ… Specific operations depend on real-time market data. For more information, consult the author. There may be delays in article publication.
APE-9.97%
ETH2.65%
COMP3.34%
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