Range-bound ETH waits for a 1h close beyond a level.

$ETH /USDT: NO TRADE YET, waiting for one side to break
Bias: NEUTRAL · 2 bullish vs 1 bearish

The plan is conditional:
LONG on a 1h close above 2714.77 → targets 2735.82 / 2749.85 / 2770.90, stop 2686.71
SHORT on a 1h close below 2683.76 → targets 2662.71 / 2648.68 / 2627.63, stop 2711.82
In between (1.2% wide): no edge, no trade.

Technical read: NEUTRAL. 2 of 12 signals bullish, 1 bearish, 9 undecided.
For the bulls:
• Daily trend: price > EMA50 > EMA200, bullish stack → the big-picture trend is up
• 4h trend: price > EMA50 > EMA200, bullish stack → the swing trend is up
For the bears:
• Trend strength (ADX/DI, 15m): ADX 25.0 with sellers in control (DI+ 18.5 vs DI− 25.4) → sellers are driving the move

My read:
There is no edge right now because the 1h trend is mixed and the daily trend is bullish but weak. The strongest bullish factor is the daily trend: price above EMA50 above EMA200, bullish stack. The main risk is the 15m trend strength: ADX 25.0 with DI+ 18.5 below DI- 25.4, so sellers are driving the move.

Would you rather wait for a 1h close above 2714.77 to go long, or below 2683.76 to go short?

Full setup on the chart below.

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