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$ETH Signal】1H timeframe narrow-range oscillation, waiting for a breakout confirmation
$ETH The 1H timeframe is consolidating with extremely low volume within the 1970-1983 range, with price sticking close to EMA20 (1974.8), and bulls and bears are at an impasse. The 4H timeframe remains in a oscillation zone between 1980-1960, with EMA50 (1981) forming a key resistance above. Current order book shows a large sell order at 1973.87, but buying depth is still decent, awaiting a directional breakout.
🎯Direction: Watchful (Order )
⚡Order Strategy:
- Breakout Long: If the price stabilizes above 1