May 5th ETH Daily Bullish Trading Execution Plan

ETH (ETHUSDT) Bullish Trading Strategy
Core Logic: The daily chart is in an upward consolidation phase, relying on trendline support to gradually build positions. After breaking above the upper boundary of the box, target the upside levels.
Entry Timing (execute according to signals marked in the chart):
Breakout Add Position Point: Price stabilizes above 2,385, and a bullish candle confirms breaking above the consolidation zone’s upper boundary, signaling to add long positions.
Medium to Long-term Position Building: Price retraces to the 2,250~2,330 range, without breaking below, and a bullish candle stabilizes, forming the medium to long-term long position zone.
Pullback Add Position: Price retraces to the 2,375~2,385 range, without breaking the previous breakout level, and a bullish candle closes, allowing additional long entries.
Rebound Add Position: If a short-term bearish candle breaks support, then after retracing near 2,233 and closing with a bullish candle, a rebound can be used to add long positions as planned.
Risk Control and Take Profit:
Stop Loss: All long positions use 2,167 as the protective level; if broken, exit unconditionally to protect the trend bottom.
Take Profit: First target zone is 2,540~2,550 (previous high + upper resistance of the downward channel). After reaching, reduce positions as planned.
1. Strictly enter in batches at support levels marked in the chart; do not chase higher prices to avoid being caught in a rally.
2. All long positions must set stop-loss levels; if broken, exit decisively. Do not hold against the trend or add reverse positions.
3. When reaching target resistance levels, reduce positions as planned; do not be greedy or take profits prematurely. Keep some positions to watch for further breakout potential.