Recently took a long position on ETH at this retest level. The logic here is straightforward—if price manages to push higher toward our original target, this support zone absolutely needs to hold. It's a clean risk management setup.
Once we break above this zone decisively, the next leg up becomes more probable. But here's the flip side: if that local green support zone gets taken out, the whole thesis falls apart. That's where we cut losses and reassess.
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Layer2Arbitrageur
· 8h ago
lmao the support level copium is real. just ran the numbers—you're leaving like 240bps on the table if eth dumps here without hedging on perps. ngmi energy
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GasWastingMaximalist
· 8h ago
Support level broken, just cut your losses directly, don't f***ing hesitate... this is the correct approach.
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AirdropHunter9000
· 9h ago
If the support level can't hold, it will directly explode. This wave is a bit of a gamble.
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AirdropBuffet
· 9h ago
If the support doesn't hold, it's really game over. I'm already tired of being trapped in this binary trading.
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BTCBeliefStation
· 9h ago
If the support doesn't hold, it's an immediate liquidation. That's trading haha
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YieldWhisperer
· 9h ago
nah this whole "clean risk management" thing... let me examine the actual math here. support levels only matter if they're not just arbitrary lines everyone's watching lol
Recently took a long position on ETH at this retest level. The logic here is straightforward—if price manages to push higher toward our original target, this support zone absolutely needs to hold. It's a clean risk management setup.
Once we break above this zone decisively, the next leg up becomes more probable. But here's the flip side: if that local green support zone gets taken out, the whole thesis falls apart. That's where we cut losses and reassess.