ETHUSDT is consolidating right above the strong demand zone at $1,880–1,900 after the deep pullback from the $4,000+ peak, with volume starting to balance out again.
The $2,470 area above is a clear resistance, aligning with dense POC/volume clusters, forming a defined trading range of 1.88x–2.47x for two-way plays.
Holding the current lows with good absorption around 1,900 sets up a logical retracement to test 2,470; losing 1,880 triggers more selling and opens a new markdown phase. Stay disciplined—this is range trading time: wait for clear reactions at the edges instead of chasing mid-range noise
The $2,470 area above is a clear resistance, aligning with dense POC/volume clusters, forming a defined trading range of 1.88x–2.47x for two-way plays.
Holding the current lows with good absorption around 1,900 sets up a logical retracement to test 2,470; losing 1,880 triggers more selling and opens a new markdown phase. Stay disciplined—this is range trading time: wait for clear reactions at the edges instead of chasing mid-range noise
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