🚨 $ETH Is Coiling Below Resistance… Breakout or Fakeout?
Pair: $ETH /USDT (1H)
Bias: 🟢 Long (on confirmation)
Entry: 2,005 – 2,015 (1H breakout & hold)
SL: 1,978
TP1: 2,080
TP2: 2,150
TP3: 2,240
📌 Why This Setup?
After sweeping liquidity at 1,941, price bounced aggressively and started compressing just under 2,015 resistance.
This is not random chop — this is volatility contraction.
• Range tightening under resistance
• Short-term momentum rebuilding
• Overhead liquidity stacked above 2,015
• Clean invalidation level below 1,978
When market compresses under resistance after a downside sweep, it usually resolves with expansion.
❗ Invalidation
If 1H closes below 1,978 → structure weakens → breakout thesis fails.
This is a breakout continuation play — not a guess.
Trade the break. Avoid the middle.
What’s your bias — breakout or rejection
Click here to trade👉$ETH
