Regarding recent Ethereum market movements, I’ve summarized a few ideas for the evening:
**Bearish Ideas** If a pin bar appears around 3214, consider a small short position. Set the stop-loss at 3254, so the upward risk remains relatively controlled.
**Bullish Ideas** There’s a good opportunity to position around 3063. Place the stop-loss at 3033 for protection, and target levels at 3089, 3147, and 3214 in stages.
**Two Additional Ideas**
First, support below. Below 3013 is a clear support level. You can take a lighter position (3% of your capital, try with 100x leverage), with a stop-loss at 2974, and targets at 3047, 3089, and 3166.
Second, resistance above. 3184 is a resistance zone. It’s recommended to take a small 2% position to test short positions, which can also serve as an entry point for subsequent trades.
**Final Words of Advice** Honestly, don’t go all-in at once. Test with small positions, set your stop-loss properly, wait for the right feel, and find a comfortable entry point. Year-end is approaching, so it’s better to play it safe.
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Regarding recent Ethereum market movements, I’ve summarized a few ideas for the evening:
**Bearish Ideas**
If a pin bar appears around 3214, consider a small short position. Set the stop-loss at 3254, so the upward risk remains relatively controlled.
**Bullish Ideas**
There’s a good opportunity to position around 3063. Place the stop-loss at 3033 for protection, and target levels at 3089, 3147, and 3214 in stages.
**Two Additional Ideas**
First, support below. Below 3013 is a clear support level. You can take a lighter position (3% of your capital, try with 100x leverage), with a stop-loss at 2974, and targets at 3047, 3089, and 3166.
Second, resistance above. 3184 is a resistance zone. It’s recommended to take a small 2% position to test short positions, which can also serve as an entry point for subsequent trades.
**Final Words of Advice**
Honestly, don’t go all-in at once. Test with small positions, set your stop-loss properly, wait for the right feel, and find a comfortable entry point. Year-end is approaching, so it’s better to play it safe.