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ETH Short-term Long Position Setup, Entry at 1710, Target at 1830
Recently, Ethereum has completed its bottoming out with oscillations, and the short-term bullish momentum is gradually accumulating, signaling a confirmed recovery window.
Overall, the market shows that selling pressure below has been continuously released, short-term support remains solid, small positive candles on the chart are increasing, and there are clear signs of funds accumulating at low levels. This rebound rally has sufficient momentum.
Operation points
Entry setup: Go long around 1710
1710 is a strong support level in this round of oscillation range, with multiple rebounds supported by substantial buying interest. Entering here maximizes the risk-reward ratio. Do not chase the rally; wait for a pullback near this level to add positions gradually, avoiding the risk of high-level chasing and subsequent correction.
Short-term profit-taking target: 1830
Above 1830 is a dense area of previous short-term resistance and the primary target of this rebound. Once the price reaches this level, profit-taking will likely be concentrated, and you can exit all positions to lock in profits, fully capturing the gains from this recovery wave.
Currently, the market mainly oscillates with rebounds, interspersed with small pullbacks to shake out weak hands. Do not let short-term fluctuations disrupt your trading rhythm.
Strictly follow the specified levels, avoid reckless adding of positions or blindly holding, participate with a small position to control risk, and patiently wait for the market to reach the #我的Gate交易时刻 profit-taking zone!