🚨 ETH/USDT: Breakout or Bull Trap Brewing? | Binance 4H Chart Analysis

Ethereum is stalling just below a major resistance wall. Price action shows a possible rising wedge — but bulls are still holding structure.

Current Stats:

Price: $1,806.73

24H High/Low: $1,818.18 / $1,730.60

Trend: Bullish grind → possible exhaustion

Volume: Decreasing after the pump

Technical Breakdown:

1. Chart Pattern Insight:

ETH is trading within a rising wedge — often a warning sign when price nears resistance with weakening volume. Bulls must break $1,820 or risk a local top.

2. Structure Behavior:

Support remains solid at $1,730. However, every bounce has shown less strength. Unless price flips $1,820+, a pullback is more probable.

3. Volatility Setup:

The tighter the range, the harder the break. ETH is coiled and ready — direction depends on the next 4H candle around $1,820.

Key Levels to Watch:

Resistance: $1,815 – $1,830

Support Zone: $1,730 – $1,750

Breakout Target: $1,880

Breakdown Trigger: Below $1,730

Invalidation (SL): $1,835 (if short) or $1,715 (if long)

Most Probable Direction:

→ Bearish Tilt (Unless $1,830 is flipped cleanly)

Trade Setup:

> Short Idea (If rejection holds):

Entry: $1,805 – $1,820

TP1: $1,750

TP2: $1,700

SL: $1,835

> Alternate Long (Only if breakout):

Entry: $1,830+

TP: $1,880

SL: $1,800

Final Word:

ETH is at a decision point. A clean breakout could drive it toward $1,880+, but rejection here might flip structure bearish fast. Watch $1,820 like a sniper — this move will be quick.

Follow for sniper setups, real-time alerts, and alpha trades before they break out.

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