ETHUSD H1: Back to the Old High — A Trap Before the Drop?EtherOANDA:ETHUSDHenry_wafallEthereum has touched back into the horizontal resistance zone around 1.950, an area that previously produced a strong rejection, and is now showing signs of weakening again. Notably, below this level there's a rising trendline converging with the 1.865–1.855 support zone — forming a fairly notable confluence point for a pullback. I'm favouring sells if price gets rejected at the 1.925–1.950 resistance zone, stop loss above 1.955, first target at 1.875 and a further target at 1.865–1.855 — right at the confluence of horizontal support and the rising trendline. If price breaks above and closes firmly over 1.955, I'll treat this pullback scenario as invalidated and stay on the sidelines waiting for a new structure rather than forcing a sell. This is just my personal take based on technical analysis. Wishing you successful trading.