$ETH is tight. Coiled. And getting ready.
After that sharp impulse move, price is now compressing around 2,053. This is not weakness — this is structure building. The 2,050 level is the line that matters. As long as buyers continue defending it, momentum favors a steady grind higher.
What I like here is the behavior. Volume has cooled, volatility has tightened, and price is holding above the base instead of retracing aggressively. On lower timeframes, the structure still leans bullish. Consolidation after expansion often leads to continuation — especially when higher lows start forming quietly.
🔹 Long Trade Setup
Entry Zone: 2,048 – 2,055
Target 1: 2,073
Target 2: 2,110
Target 3: 2,160
Stop Loss: 2,038
If 2,050 holds firmly, the path toward 2,073 opens quickly. A strong push above that resistance could attract momentum traders and force short liquidations, accelerating the move toward higher targets.
Risk is defined. Structure is clean. Now it’s about patience, not emotion.
Not financial advice. Trade your plan. Manage your risk. Stay sharp.
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