$ETH STUCK IN RANGE – BREAKOUT LOOMING SOON?
Ethereum is trading at $2,481.21, holding a modest +0.54% gain after rejecting lower support near $2,471. The chart shows a tightening range—expect a breakout soon.
Key Levels to Watch:
• Resistance: $2,486 – $2,494
• Support: $2,471 – $2,464
Trade Setup:
Bullish Scenario:
• Entry: Above $2,486
• TP1: $2,494
• TP2: $2,510
• SL: Below $2,471
Bearish Scenario:
• Entry: Below $2,471
• TP1: $2,464
• TP2: $2,450
• SL: Above $2,486
Volume at 3.97K indicates a pause before the next move. Monitor closely—whichever side breaks first could dominate the next trend.
