$ETH Trades at Range High: Waiting for Breakout or Retest

$ETH is currently trading at its range high, according to KuCoin. If an investor hasn't yet entered a position, they might consider waiting for a clear breakout above $2,550 and then looking to long a successful retest of that level as support.

If the price rejects the range high instead, traders may look for a long opportunity around $2,360, $2,400. ETH has strong momentum at present, so it's recommended not to look for shorts; rather, wait for a long setup.