$ETH /USDT – Range Compression, Breakout Potential
Current Price: $1,813
Entry Zone: $1,807 – $1,814
Target 1: $1,829
Target 2: $1,845
Stop Loss: $1,790
Confidence: Medium–High
Technical Breakdown:
MA Cluster: Price is tightly holding around MA(7), MA(25), and MA(99) – indicates compression
24h High/Low: $1,819 / $1,731.70 – low volatility range
Volume: Stable liquidity, with 475K ETH traded (USDT Vol: $848M)
Price rebounding from MA(99): $1,793.86, showing support retention
Strategy:
Ideal for breakout traders. Watch for volume confirmation above $1,820 for upside momentum. Tight SL is critical due to low volatility.