【$ETH Signal】Long | Healthy Consolidation After Breakout with Volume

$ETH After breaking through the key resistance at $2050 with increased volume, the price is now consolidating in a narrow range at high levels. This is a typical healthy cooldown after a breakout, not a top.

🎯 Direction: Long

🎯 Entry: $2085 - $2095

🛑 Stop Loss: $2009 ( Rigid stop loss, below the low of the previous 4H candle )

🚀 Target 1: $2150

🚀 Target 2: $2220

Hardcore Logic: 1) Key Data: A massive bullish candle on the 4H chart (volume of 4.18 million ETH), with the price breaking through and stabilizing above the previous high of $2075. This is a signal of main force entry, not a short squeeze. 2) Market Psychology: After the breakout, buying pressure is well absorbed, the latest 4H candle shows minimal volatility and closes at a high, indicating exhausted selling pressure and bullish control. 3) Data Validation: Open interest remains stable, funding rates are slightly negative, eliminating short-term overheating risks and providing a healthy foundation for further upward movement. The price consolidates tightly above the breakout zone, indicating a higher probability of continued upward trend.

Trade here 👇 $ETH

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