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Midday Analysis of the Two Candles$ETH
✅Long Position (Breakout)
Condition: Volume breakout above 2357 + stabilize
Entry: Follow the breakout on the right side
Target: 2398 → 2423
Stop Loss: Below 2357
✅Long Position (Pullback)
Condition: Support at 2265 is valid
Entry: Long
Stop Loss: 2218
Target: 2333 → 2357
✅Short Position (Breakdown)
Condition: Drop below 2333 / 2345 + no rejection on rebound
Entry: Follow the breakdown on the right side
Target: 2297 → 2265
Stop Loss: Above the breakdown level
✅Short Position (High Short)
Condition: Resistance at 2423
Entry: Short
Stop Loss: 2464
Target: 2398 → 2357
Key Levels
• Resistance: 2357 → 2398 → 2423
Shorts: Light position near 2423, stop loss at 2464
• Support: 2326 → 2297 → 2262
Patterns and Risks
• Fake breakout just appeared: Breakout of triangle followed by a fall back → Inducing longs
• Hourly level: Fluctuation above 2345 leaning bullish
• Break below 2345: Triangle breakdown → look down to 2306
• Break below 2306 again: Deep correction, how it goes up determines how it goes down
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