$ETH 1890–1910 area entry for Tongge’s 7.24 ETH trading idea


Enter around 1890–1910 into **(stop-market/grid)**. Set the stop at 1930, first target 1850, second target 1800.

Current price is 1873. After the pullback in this move, the price has returned to around 1880. The earlier push to 1950 failed to effectively hold; after the pressure at the highs was released, the short-term market has entered a correction phase.

Now the key is the 1890–1910 area. This is both short-term rebound resistance and where the **re-match for Dōkōn** takes place. It’s easy to bounce back up, but to regain a solid hold requires a relay of funds. If there’s a volume breakout above 1900, there’s a chance the short-term market can continue repairing; if there isn’t enough follow-through when pushing higher, the rebound becomes an opportunity for **Kōndān**.

The market won’t reverse just because it has fallen a lot, and don’t fantasize that because it has dropped deep enough, funds will come in to cover you.
ETH-2.17%
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