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📈 ETH: my long scenario for the next move.
ETH (ether) continues to consolidate around 2500 USDT after the strong August impulse. The main question now is whether buyers can take the 2500–2510 resistance zone and turn it into support.
My trading plan:
• Direction: LONG.
• Entry zone: 2515–2525 USDT after a confirmed breakout.
• Stop Loss: 2470 USDT.
• Take Profit 1: 2560 USDT.
• Take Profit 2: 2650 USDT.
• Key support: 2430–2450 USDT not
The logic is simple: I want to see consolidation above 2510 USDT and rising volume. If the breakout occurs on weak volume and ETH quickly falls back below 2500, I will stay out of the long.
If the first target is reached, part of the position can be closed, and the stop for the remainder moved closer to the entry point.
🎯 My bet right now is on the continuation of ETH's recovery, but only after confirmation of the breakout. In contracts, discipline is more important than trying to guess the move.
#GateEventContractChallenge,
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$ETH