Where is the main support for #ETH?

٢ أغسطس

📊Where is the main support for #ETH?❓

🧠To be honest, I am really disappointed with ETH. Compared with BTC, the trend is too weak. However, from a structural perspective, such a decline is very reasonable, because the short structure at the 4-hour level has been established. From this structural perspective, the heaviest support area is 2900-29540. If we reach this area, we can consider spot trading.

➡️Originally the short target we got in the blue resistance zone was 2958, but it was closed with the new target after making a new short transaction, so We also missed the profit in today's downward swing, and also received a stop-loss long order, but overall the profit was quite generous.

⚠️ So in the futures trading market, the importance of risk management is reflected. Don’t let yourself become nothing. ❌

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