$ETH

H / USDT RANGEBOUND with key levels in focus

#Ethereum has consolidated between well-defined support and resistance areas after a significant drop near $2,549. The price movement indicates a potential accumulation phase following a double bottom around $2,578 and a sharp rejection at $2,766.61.

📊 Chart Overview:

Major Low: $2,549.39

Double Bottom Area: $2,578.09

Local High: $2,766.61

Current Action: Ranging sideways under resistance

📈 $ETH Trade Setup (Breakout or Breakdown Play)

Entry Zone: $2,515 - $2,535

TP1: $2,560

TP2: $2,600

TP3: $2,640

Stop Loss: $2,470

If Ethereum breaks strongly above the resistance range, expect a move towards $2,600. A breakdown below $2,500 would invalidate the structure and shift the bias back to bearish.