#ETH


The price is currently fluctuating around 2,244, in the recent high zone. Observing the right side of the chart, the candlesticks show a "bottoms higher" pattern, and after breaking through the previous red horizontal resistance level (around 2220), that level has now turned into support. Pattern: The market presents a clear ascending triangle or high-level box consolidation. Currently, the price is challenging the resistance zone around 2248 - 2255. Volume: The recent upward move has led to a moderate increase in volume, but during the high-level consolidation, the trading volume has contracted, indicating that the bulls are gathering strength. Bullish breakout entry point: It is recommended to wait for the price to volume-break through the previous high zone of 2255 - 2260. Aggressive approach: Enter directly when the 15-minute candle closes above 2255. Conservative approach: Wait for a breakout, then a pullback near 2250 without breaking support, and confirm support before entering. First target: 2285 - 2300. Stop loss: Break below 2,235 (if it falls back into the consolidation range, it indicates a failed breakout). If the price cannot break the previous high, then it shifts to breaking below the key support at 2220. Target: 2180 - 2160. Stop loss: Reclaim above 2245.
ETH2,22%
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