ETH is not convincing at these levels yet.

$ETH /USDT: NO TRADE YET, waiting for one side to break
Bias: NEUTRAL · 3 bullish vs 1 bearish

The plan is conditional:
LONG on a 1h close above 2439.92 → targets 2469.64 / 2489.45 / 2519.17, stop 2400.29
SHORT on a 1h close below 2392.14 → targets 2362.42 / 2342.61 / 2312.89, stop 2431.77
In between (2.0% wide): no edge, no trade.

Technical read: NEUTRAL. 3 of 12 signals bullish, 1 bearish, 8 undecided.
Bullish side:
• Buyers are driving the move (15m ADX 38.6)
• BTC is rising, this coin follows (corr 0.86)
Bearish side:
• 4h trend down (below EMA50 & EMA200)

Why I'm flat:
There is no edge right now, so I am not taking a position. The strongest bullish factor is the 15m trend strength with ADX at 38.6 and buyers in control, meaning buyers are driving the move. The main risk is the 4h trend, where price is below EMA50 below EMA200, meaning the swing trend is down.

What is your invalidation level for ETH?

Chart with every level below.

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⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.