📊 ETH Setup (Range + Breakout Strategy)


🟢 Scenario 1: Long (buy the dip / continuation)
Market condition:
Price is holding above a clear support zone (recent swing low / consolidation base)
No strong 4H breakdown
Entry plan:
Buy only if price comes back into support and shows rejection
bullish engulfing candle OR strong wick rejection
or reclaim of lost intraday level on 15m/1H
Stop-loss:
Below the support zone (not tight — give it room to avoid wick stops)
Take-profit:
TP1: mid-range / first resistance zone
TP2: top of current range or previous high
Optional: trail stop after TP1

🔴 Scenario 2: Short (breakdown trade)
Market condition:
4H candle closes below support
Followed by weak retest (failed recovery)
Entry plan:
Enter on rejection of broken support (now resistance)
Stop-loss:
Above the broken level
Take-profit:
TP1: next liquidity area below
TP2: deeper structural support (previous demand zone)
ETH-3.28%
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