💎 ETH at $1,851 with $255M in daily volume — yet the chart screams "nobody's trading." That's the setup.
Price is stuck below all key moving averages on the 4H chart. RSI at 43.2 is weak but not capitulation-weak. The daily MACD is still positive, which means the bigger picture hasn't collapsed — we're just in a painful pullback within a broader range.
🔑 Why This Trade?
ETH is compressing between $1,820 support and $1,880 resistance. When volatility contracts like this, the next move tends to be big. The declining volume (0.68x average) suggests we're near the end of this consolidation phase.
📋 Trade Plan:
• Entry Zone: $1,840 - $1,862 (accumulate in the range)
• Stop Loss: $1,822 (below the consolidation floor)
• TP1: $1,925 (+3.7%)
• TP2: $1,999 (+7.8%)
• Risk/Reward: 2.5R — solid for a range trade
Watch the $1,820 level. If it breaks, the next real support is $1,750.
🤔 Do you think ETH breaks up or down from here? 👇
⚠️ Disclaimer: This is not financial advice. Always do your own research before making any investment decisions. #DYOR
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