Today, I opened a long position on the ETH/USDT pair after identifying a bullish breakout above the resistance level of $3,700. I used a strategy based on technical analysis with the RSI and MACD indicators, both of which showed a buy signal. My entry point was at $3,710, with a stop-loss placed at $3,650.$ to limit losses. My take profit target is set at $3,850. I manage my risk by only risking 2% of my total capital on this trade. I remain attentive to macroeconomic news that may impact market volatility.