Tong Ge's 9.9 ETH setup
$ETH 2500-Enter short near 2530, stop-loss at 2550, first target 2460, second target 2430.
Current price: 2496. Yesterday, it plunged to a low of 2440, then slowly climbed back toward 2500 today. Someone buys the dip, and someone sells the rally. This range has been holding for more than three days, with longs and shorts both spinning in place.
2440 held yesterday, but don't rush to treat it as the bottom. The more frequently support is tested, the faster it tends to break later. Likewise, the 2500-2530 resistance zone has been tested so many times, and each push above