$ETH STALLED AT RESISTANCE, RANGE GETTING TIGHTER
$ETH/USDT is trading at $2,501.40, posting a modest +0.81% gain. Price is struggling to break through the $2,505–$2,510 zone, while support at $2,500 is being repeatedly tested—indicating rising tension before a breakout or breakdown.
Key Price Levels:
• Resistance: $2,510.00
• Breakout could trigger a move toward:
• TP1: $2,528.00
• TP2: $2,550.00
• Support: $2,500.00
• Breakdown here may lead to:
• TP1: $2,470.00
• TP2: $2,445.00
Trade Setup:
• Bullish Entry: Above $2,510.00 with volume confirmation
• Bearish Entry: Below $2,500.00 with clear breakdown candle
• Stop-Loss: Set slightly beyond support/resistance levels for protection
$ETH is sitting in a tight squeeze—be ready for volatility as soon as it breaks this deadlock.