$ETH /USDT – Strong Breakout, But Resistance Is Watching Closely🤔🔐👇
Current Price: $1,782
Timeframes: 1D + 1H
Status: Breakout Retest Phase
1D Chart Insights:📊
Ethereum has successfully flipped the $1,675–$1,700 zone into support after a clean Change of Character (CHoCH) confirmation.
Price is currently testing above the 20 EMA and aiming toward the next confluence of resistances at $1,880 and $2,100.
Stoch RSI is cooling off from mid-levels (~14), suggesting a pause or mild pullback after the rapid rise.
1H Chart Breakdown:📊
$ETH broke structure at $1,712 with a strong momentum push, followed by consolidation under the $1,820–$1,830 supply zone.
A quick pullback to $1,770 area shows bulls are trying to hold the 20 EMA support.
Stoch RSI dropped into oversold (~10), indicating a short-term bounce may occur from current levels.
Trade Plan (Cautiously Bullish):🔥
Entry Zone: $1,760–$1,780 (retest of 1H EMA)✅
Target 1: $1,880🎯
Target 2: $2,100🎯
Invalidation Level: $1,712 (below BOS zone)☣️
Risk Profile: Medium – Rejection possible near $1,830 supply zone
Pro Tip:🧑🏫
If $ETH consolidates above $1,830 with strong volume, the structure may aim toward $2,200 next. Until then, treat $1,880 as key resistance.
👨❤️👨"Momentum is your friend — but structure is your map. Trust the retests."
Disclaimer:⚠️
This analysis is for educational purposes only. Crypto assets are highly volatile. Always DYOR and use stop-losses wisely.