It just broke through a key resistance level around $20.25 with a strong buying activity.
Before this breakout, the price was squeezing upwards, indicating building buying pressure.
The next likely target is the $21.23 price area where selling pressure might increase.
Potential Trade (Long Position): > Entry: Aim to buy between $20.30 and $20.40. > Profit Target: Plan to sell around $21.23. > Stop-Loss: If the price drops below $19.70, exit the trade to limit losses.
$ETH 's recent calm might be building up for a significant move.
The quiet phase in ETH/USDT trading could be a precursor to a massive rally or breakout.
With low volatility, investors are eagerly waiting for a big move, and the charts seem to be whispering 'buy'. Will ETH's quiet phase turn into a price explosion soon?