Ethereum is locally in a range. If price breaks through and tests the lower boundary of the range as resistance, the next target will be the local low, under which the bullish stop-losses are located. Also, the price could break the upper boundary and test it as support, if that happens, the next target would be the upper marked area.
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P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade