ETHUSDT H4: $1912.46 - The Calm Before The Breakout?
Ethereum pumped from 1500 to 1968 in July, but now we’re stuck.
Current price: 1912.46
What I see:
1. RANGE: ETH has been chopping between 1831 - 1968 for 3 weeks. No clear direction.
2. VOLUME: Drying up hard. Volume 4452 vs 30k+ in July. Low volume = big move coming.
3. KEY LEVELS:
Resistance: 1968 - 2013. A daily close above 1968 flips us bullish to 2059.
Support: 1877 - 1831. Lose 1877 and we retest 1786.
This is textbook compression. Market is waiting for a catalyst.
Question for you: Do we break UP to 2k, or dump DOWN to 1800 first?
Drop your bias below 👇
#ETH #Ethereum✅ #crypto #Trading $ETH $ETH
Ethereum pumped from 1500 to 1968 in July, but now we’re stuck.
Current price: 1912.46
What I see:
1. RANGE: ETH has been chopping between 1831 - 1968 for 3 weeks. No clear direction.
2. VOLUME: Drying up hard. Volume 4452 vs 30k+ in July. Low volume = big move coming.
3. KEY LEVELS:
Resistance: 1968 - 2013. A daily close above 1968 flips us bullish to 2059.
Support: 1877 - 1831. Lose 1877 and we retest 1786.
This is textbook compression. Market is waiting for a catalyst.
Question for you: Do we break UP to 2k, or dump DOWN to 1800 first?
Drop your bias below 👇
#ETH #Ethereum✅ #crypto #Trading $ETH $ETH