On the M15 chart ETHUSD has been consolidating after a sharp rally that pushed the pair above 1930 on July 13. The breakout was accompanied by a volume surge of over 2,300 contracts, confirming strong buying pressure. Since the peak, price retreated to the 1910‑1920 zone, forming a series of lower highs and a bearish engulfing candle at 1916, while volume has tapered to the 300‑500 range, suggesting diminishing momentum. The 1924‑1928 cluster now acts as a clear resistance level, and the 1910‑1912 area provides the nearest support. With price testing the 1916 level and the momentum turning negative, a…

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