🚀 $ETH – CONSOLIDATION BEFORE BREAKOUT OR REJECTION? 🟣🔥
ETH bounced strongly from ~2175 to 2415 and is now consolidating around 2350 → forming a tight range after impulse, a typical setup before the next move 👀
📊 Key scenarios to watch:
* Entry zone: 2320 – 2360
* Strong support: 2280 – 2300 (losing this = deeper pullback)
* Breakout level: 2400 – 2450 (confirms continuation)
* Upside target: 2500+ if momentum expands
⚠️ Price is currently ranging under resistance → risk of rejection if buyers fail to push higher
💡 Higher lows + sideways structure → accumulation within range, waiting for breakout confirmation with volume
🔥 Strategy: trade the range (buy support / sell resistance) or wait for breakout — avoid chasing mid-range