$ETH /USDT SIDEWAYS PRESSURE — WAITING FOR DIRECTIONAL BREAKOUT!
Ethereum is currently trading at $1,843, showing indecision on the 1H chart. Price action is consolidating between $1,813 and $1,871, with no clear breakout yet. Buyers are attempting a rebound, but rejection wicks from $1,860+ suggest bulls lack full control for now.
Trade Setup (Range Play):
Long Entry: $1,835 – $1,840
Take Profit Targets: $1,860 / $1,871
Stop Loss: $1,827
Market Outlook:
ETH is ranging in a tight zone, bouncing between local support and resistance. A breakout above $1,871 or a breakdown below $1,813 will define the next directional move. Until then, scalping the range with tight stops is the safer play.#BinanceHODLerSTO #DigitalAssetBill #SaylorBTCPurchase #BTCRebound #StablecoinPayments $ETH