$ETH /USDT – Sideways Accumulation Zone
Ethereum is currently ranging tightly between $2,520 and $2,546 on the 15-minute timeframe. The chart shows high volatility within this narrow zone, indicating consolidation before a potential breakout.
Entry Price (Long): $2,524.50
Target 1: $2,540
Target 2: $2,558
Target 3: $2,585
Stop Loss: $2,500
Risk Management:
This is a low time-frame scalp setup, suitable only for short-term traders. Maintain tight stop-loss levels and manage leverage carefully. Avoid entering late after a breakout candle closes.
Pro Tip for Followers:
Watch for volume confirmation above $2,546 before scaling into bigger long positions. A clean breakout could spark momentum back toward the $2,600 zone. Stay alert.