๐ท $ETH Market Structure Still Looks Healthy
$ETH continues to show strength despite recent consolidation. Price is holding above key levels, which suggests the market is pausing rather than reversing.
๐ Technical Observations: โข Higher lows holding on lower timeframes
โข Price respecting previous resistance as support
โข Volatility tightening near key zone
โข Sellers failing to push price lower
This type of structure often leads to a continuation move once volume confirms direction.
๐ก My Trading Plan: Entry: Strong candle close above resistance
Target 1: Recent local high
Target 2: Next resistance zone
Stop Loss: Below recent higher low
No rushing trades โ waiting for confirmation and keeping risk strictly managed. Let the setup come to you.
Whatโs your bias on $ETH right now โ breakout soon or more consolidation first? ๐
#ETH #CryptoTrading #Altcoins #tradingStrategy
