$ETH TH Setup Looks Interesting Here
$ETH has been consolidating after its last move, and the structure remains healthy. Price is holding above key support, which suggests strength rather than distribution.
📊 Technical Notes: • Higher low forming on the 4H timeframe
• Price holding above previous resistance
• Volatility tightening near resistance zone
• Sellers failing to push price lower
This kind of price action often leads to a continuation move once confirmation comes in.
💡 My Approach: Entry: Strong candle close above resistance
Target 1: Recent local high
Target 2: Next major resistance zone
Stop Loss: Below recent higher low
No rushing trades — waiting for confirmation and keeping risk controlled. Let the market do the work.
What’s your outlook on $ETH from here — breakout or more consolidation? 👇
#ETH #CryptoTrading #BinanceSquare
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