$ETH /USDT – Consolidation With Breakout Pressure Building
Momentum Analysis
ETH is ranging after a mild pullback (-0.22%), holding above the intraday low 3,278. Volume remains healthy (427,737 ETH / $1.43B), suggesting absorption rather than distribution. This looks like a pause before expansion.
Long Setup
Entry Zone: 3,300 – 3,280 (buy on dips near range support)
Targets:
T1: 3,360
T2: 3,402 (24h high)
T3: 3,480 – 3,520 (range extension)
Stop Loss: 3,248 (below range support)
Breakout Confirmation Level
Bullish trigger: Clean close above 3,405 with volume expansion.
Key Support
Immediate: 3,300 / 3,278
Structural: 3,250
Order Book Insight (Depth)
Sell walls stack near 3,366 – 3,389; acceptance above this band opens the path to 3,402+. Bids cluster around 3,319 – 3,296, reinforcing the dip-buy zone.
Pro Tip
If BTC stays range-bound, ETH often leads the next leg. Scale entries near support and add only on confirmed breaks—avoid chasing mid-range.