LONG #ETHUSDT from $2,515 stop loss $2,370

1h TF. ETH is demonstrating an accumulation phase in a narrow sideways range after a quick upward impulse. The price is held in a consolidation zone, forming a horizontal resistance level with equal highs. This is the first area of interest for a breakout.

Entry Recommendation:

Consider entering long from the current levels or upon breaking above the level of 2700 with volume confirmation.

Targets and Risks:

Take profit — level 2920.

Place the stop loss below the consolidation zone — around 2370.