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$ETH Ethereum Evening Strategy Plan for May 12
Evening strategy plan for May 12.
2292 - 2296 Rebound Short: Priority
2308 - 2316 Strong Rebound Short: More Stable
Break below 2280 then rebound short: Follow the trend
2264 - 2268 Stop-loss Light Long: Counter-trend quick in and out
Reclaim 2296 and retest long: Right-side confirmation to buy
===========================================
Currently, bears are dominant. Don’t rush to buy the dip near 2280;
Rebound between 2292-2296 / 2308-2316 is more suitable for shorting.
Only consider long positions on the right side after breaking back above 2296.
The long position plan given in the afternoon remains unchanged for now.
Conservative traders can hold a small position first, then wait for a retest
around 2250~60 to add positions. In any case, set the stop loss at 2240 as the maximum limit.
Any other strategic changes will be announced separately. Pay attention to message alerts.