📡$ETH /USDT – Compression Phase Building Pressure: Will Bulls Break Out🔥🤔🔑👇
Current Price: $2,524.89
Timeframes: 1H & 4H
Trend Bias: Neutral with Bullish Momentum Recovery ⚖️➡️📈
⏱️ 1H Chart Overview:📊
✅ $ETH is consolidating above 20 & 50 EMA with mild higher lows
🔁 EMA cross happening around $2,516 → early sign of momentum alignment
📈 MACD shows bullish crossover with rising histogram
📊 RSI: 54.82 – sitting in a neutral but rising zone
⚠️ $ETH Price facing resistance around $2,530–$2,540, which must break for short-term upside
🕓 4H Chart Breakdown:📊
📉 Still under 50 EMA ($2,566) → short-term bearish pressure remains
📊 RSI: 47.68 – under 50, momentum still recovering
📈 MACD histogram slowly flipping to green → bulls starting to regain control
🔸 Structure shows base-building pattern above $2,485 with resistance at $2,530 and $2,566
📍 Key Price Levels to Watch:🔑👇
Resistance: $2,530 → $2,566 → $2,607
Support: $2,485 → $2,460
Breakout Zone: Above $2,566 with strong candle and volume
📊 Trade Plan (Cautious Bullish Bias):🔥
🔹 Entry Zone (Retest Buy): $2,510–$2,520
🎯 Target 1: $2,566
🎯 Target 2: $2,607
⛔ Stop Loss: Below $2,485
🧠 “ETH is in a compression phase — wait for a breakout with volume above $2,566 or accumulate with patience near $2,510 support.”
📛 This post is for educational purposes. Please DYOR before trading.