$ETH 🎯 The Trade Setup (Short-Term Long Bounce)

This strategy is for traders looking to catch a quick bounce off support.

Parameter Value Notes

Entry Zone $2,050 – $2,062 (Limit on pullback) Current price + $2,050 support zone

Stop Loss $2,038 (Tight) Below key $2,040–$2,050 support zone

Take Profit 1 $2,080 – $2,082 First resistance + short scalp target

Take Profit 2 $2,100 – $2,120 Major resistance zone

Risk-to-Reward ~1:1.5 to 1:2 Tight stop, quick profit target

Suggested Leverage 3x – 5x ETH volatility is higher than BTC

Timeframe Intraday (15m/1h) Hold only while above $2,050

Pro-Tip: If you want to enter at market (~$2,062), reduce position size by 30% and keep the same $2,038 stop loss. Do not add to the position if price drops.