$ETH – Sideways Grind, Long Plan 🟢
Price is grinding sideways under a small ceiling, with upward pushes stalling mid-air.
Trade Setup (LONG)
Entry: $1,985 – $2,005
Stop Loss: $1,962
Targets:
🎯 TP1: $2,045
🎯 TP2: $2,080
🎯 TP3: $2,120
Analysis:
• Price sitting just above a shallow base; dips get tapped and lifted
• Moves are short bursts, fading quickly; upper wicks appear on each push
• Structure is tight, overlapping candles—like coiling before a move
• Manage size lightly while above this pocket
• If the shelf breaks cleanly or price slips without reclaim → exit immediately
Long $ETH with caution, letting it breathe.