ETH current price is 1889u. Take-profit is around 1980. Set the stop-loss below 1860.

This monthly candle is up nearly 13% in this move, and this week has also continued to rise by more than 3%. The trend is relatively strong. Today there’s a small pullback—down by less than 2 points—which is normal noise and doesn’t affect the bigger direction.
Entering long at this current level has about 4% room left to the 1980 take-profit level. Once it breaks above 1930, the previous high, things should run more smoothly as sentiment improves. The stop-loss is placed below 1860—this is leaving a bit of buffer below the lows from the past two days. If the call is wrong, you can get out in time so you don’t lose too much.
At this point, it isn’t expensive. It’s much cheaper than chasing after a real breakout. If you’re going to get on the train, it’s a good time to do it. #ETH $ETH