
ETH on StandX (15m) is still clearly in a range, not a trend. After the sharp drop earlier, price bounced but failed to print a higher high. Since then, it’s been chopping sideways with MA7 and MA15 tangled together and Bollinger Bands staying relatively tight. Momentum is weak and the market is waiting for direction. The 2943 – 2945 area is acting as short term resistance. Each push into this zone slows down quickly, candles get smaller, and buyers don’t follow through. If price can’t break and hold above this level, it’s more likely just a technical bounce. On the downside, 2933 – 2935 is holding as support. Every dip into this zone gets bought back fairly quickly, showing sellers aren’t in full control yet. On @StandX_Official , this kind of structure is easy to read because price action and execution stay clean. In conditions like this: Breakout trades have no edge The middle of the range is pure noise Best trades come from clear reactions at the range boundaries Sideways market → trade it like a sideways market. No need to predict whether ETH is about to moon or dump.
