$ETH EYEING A BREAK ABOVE LOCAL RESISTANCE

Current Price: $1,788.50 (+5.51%)

24H High/Low: $1,834.86 / $1,683.08

24H Volume: 1.10M ETH | 1.94B USDT

Market Sentiment: Neutral-to-Bullish – 51.09% buy vs 48.91% sell

Key Technical Levels:

Immediate Resistance: $1,788.67 (intraday top)

Major Resistance: $1,834.86 (24h high)

Support Levels: $1,772 / $1,761

Breakout Zone: Above $1,790 with sustained volume

Trade Setup:

Buy Range: $1,780 – $1,790

TP1: $1,800

TP2: $1,820

TP3: $1,834

SL: $1,760

Risk-Reward Ratio: ~1:1.8+

Chart Insight (1m TF):

ETH is forming a staircase pattern of higher lows and higher highs. Minor resistance at $1,788.67 being tested — a close above could trigger momentum toward $1,800+ levels.

Note:

Keep a tight stop-loss if entering now, as ETH has shown recent volatility on small timeframes.

Do you think ETH will retest $1,800 before the weekend, or is a pullback overdue? Drop your thoughts!