🚨 $ETH Next Target 3000$ 🔥

Today ETH break its Resistance Point of 2700 Now my Target for $ETH this Bull week is around 3044

Bias: Bullish $ETH

Targets: $2,823.77 → $3,044.09 → $3,343.03

Supports: $2,463.42 → $2,304.51

Invalidation: A break below $2,463.42 could shift short-term momentum to neutral or bearish.

1. Strong Rebound:

ETH bounced from the $1,384.00 level, which appears to have acted as a strong bottom.

Since then, it’s made a clear recovery, pushing through moving averages and resistance levels.

2. Moving Averages:

MA(7): $2,446.31 – The price is trading well above this short-term moving average, indicating bullish momentum.

MA(25): $2,463.42 – ETH has also broken above this medium-term average, adding further confirmation of trend reversal.

MA(99): $1,625.48 – The long-term trend is catching up, but the price is significantly above this level, showing potential for continued upside.

3. Resistance Levels:

Immediate resistance at $2,823.77 (next Fibonacci level).

Next major resistance at $3,044.09, marked on the chart (+12.34% potential from current price).

Further up: $3,343.03 and $3,744.28.

4. Support Levels:

Closest support now sits at $2,463.42 (MA25).

Stronger support near $2,304.51.

5. Volume & Volatility:

Increasing volume supports the breakout, suggesting buyers are stepping in.

Weekly amplitude (range) of 9.54% shows healthy volatility, not extreme but enough for trade setups.

6. Momentum:

The steep angle of the recent candles and the price closing near the weekly high signals strong bullish momentum.

ETH is in the process of potentially forming a bullish continuation if it breaks above the $2,823.77 level.