ETH Support Entry

Thesis

A single ETH support long on Hyperliquid with a fixed stop and profit target.

Strategy

• Support entry: Waits for a narrow band below the $2,635 entry and submits one bounded immediate-or-cancel entry. • Native exits: Places native reduce-only exits for the filled amount at the $2,595 stop and $2,740 target. • No re-entry: No re-entry follows an admitted entry attempt, and a break below the stop before entry invalidates the setup.

Exposure

• Holds: One ETH perp long — A single ETH long sized from allocated USDC, plus USDC on Hyperliquid. • Venue: Hyperliquid — Terminal funding and activation are required. • Leverage: 3x sizing multiple — The 3x multiple sizes notional from allocated USDC capped at a $400 basis, not an account leverage or guaranteed margin setting. • Costs: Fees, funding, slippage — It checks conservative trading costs and funding before entry; stops can slip and partial fills are possible. • Data: Circuit — Uses only Circuit data. • On unwind: Exposure closed — Stopping closes remaining session exposure.