$ETH just took a massive hit. The easy move is done. Now, the market usually enters the "Chop Zone" either moving sideways or setting up a fake bounce before another drop.
âWe are currently stuck between support and resistance. Do not chase price in the middle.
âHere is the Game Plan for the next 24 hours:
âđ» The Short Setup (Scalp Only)
âZone: 2970 â 3010
âTrigger: If price pumps here and shows weakness (small candles/rejection), I am looking for a quick Short.
âGoal: Quick in, quick out.
âđ The Long Setup (Bounce Play)
âZone: ~2900
âTrigger: If price holds this level and prints a Higher Low, I will look for a small Long.
âWarning: This is just a relief bounce, not a full reversal.
âđŽ The "No Trade" Zone
âIf price stays in the middle of these two zones, I do nothing. Waiting is a position.
âGolden Rule: Don't predict the move. Wait for the price to hit your level, then react.
(Note: $BTC and $SOL will likely mirror this exact pattern).
âWhatâs your move? Are you catching the knife at 2900 or waiting for 3000 to short? đ
â#Ethereum #ETHđ„đ„đ„đ„đ„đ„ #TradingSetup #cryptosignals #Write2Earn
