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On the 1-hour chart, the overall structure is still bullish—within the larger upward framework. After a big early rally that pushed up to the 1811 high, it pulled back and then consolidated in a range. Currently, it’s holding firmly above the middle green line of the Bollinger Bands, and the longs’ foundation is still there.
Near-term resistance is 1810, support is 1780.
Pull back and stabilize around 1780 and you can go long with light risk; if it rises to around 1810 and can’t move higher, go short briefly to bet on a pullback. #ETH