Ethereum ($ETH TH) Eyes $3,000: Breakout Imminent?
๐ชEthereum (ETH) is currently showing renewed strength, rebounding from a key support zone around $2,850. As of today, ETH is trading near $2,920, reflecting a +2.1% gain over the last 24 hours.
๐Resistance to watch: $3,000 โ A confirmed breakout could open the door toward $3,200 and beyond.
Support zone: $2,850 โ Losing this level may expose ETH to a correction toward $2,700.
Momentum indicator (RSI 4H): At 58, suggesting moderate bullish momentum but still room for expansion.
๐คVolume remains relatively stable, but a spike on a $3,000 breakout would validate buyer conviction.
โ๏ธโ๏ธThe structure remains bullish above $2,850. However, caution is warranted: failure to break $3,000 could trap late buyers and spark volatility.
Question to the community:
Will $ETH finally secure a close above $3,000 this week?
Share your thoughts below!
