$ETH : Re-Claim $4200 Momentum – Bulls Eye $4400
Entry: $4,180–$4,210
Target: $4,400
Stop Loss: $4,060
Ethereum has successfully reclaimed the $4,200 level, signaling renewed bullish momentum after a short period of consolidation. This recovery reflects strong buying interest, with price action confirming support at the $4,050–$4,100 zone and pushing firmly into higher ground.
The market’s reaction around $4,200 highlights a key shift in sentiment — buyers have regained control, supported by consistent volume expansion and strong trend structure. ETH’s resilience at this stage suggests confidence among traders anticipating a continuation toward the next major resistance levels.
Technical Outlook
Trend: ETH continues to print higher highs and higher lows, maintaining a clean uptrend structure.
Momentum: Volume and volatility are both rising as the price reclaims a major resistance level, now acting as support.
Moving Averages: The short-term MA(5) is trending above the MA(10), confirming bullish alignment.
Resistance Levels: The next key zones to watch are $4,300 and $4,400.
Trade Idea
Look for entries between $4,180 and $4,210 after confirmation of sustained support above $4,200. If momentum holds, ETH is positioned to test the $4,400 level in the coming sessions.
Risk Note
A drop back below $4,060 would weaken the current structure and could signal a short-term correction. Use measured risk and adjust position sizes around volatility.