$ETH Weekend Market Update 📈
Ethereum continues to trade inside a well-defined range, and until price breaks out, I'm treating it as a range-trading market.
Key Levels 🔹 Resistance: $1,929–$1,939 🔹 Support: $1,847
My current outlook:
• As long as $1,939 holds, rallies into resistance remain potential short opportunities. • If $1,847 continues to hold, pullbacks into support can offer attractive long entries. • A breakout above resistance or a breakdown below support would invalidate the range and likely start the next directional move.
Trade Ideas
📉 Short Setup • Entry: $1,939 • Stop: $2,