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$ETH is currently consolidating around the $2,300 zone after multiple rejection attempts from the $2,400 resistance, showing a clear range-bound structure as buyers and sellers battle for control. Price is forming tight candles with decreasing volatility, which often signals a buildup before the next strong move.
Trade Setup:
Entry Zone: $2,280 – $2,320
Take Profit:
$2,380
$2,420
$2,480
Stop Loss: $2,220
Stay patient here — a clean breakout above $2,400 can trigger strong bullish momentum, while losing $2,280 may shift short-term control back to sellers. #WCTCTradingKingPK