Ethereum is Getting Ready for a Big Breakout – Are You Watching?
Ethereum has bounced strongly from the $1,384 low and is now consolidating just below major resistance.
Here’s what the chart is telling us:
▶️ Point of Control (POC): Around $2,700 — this is the price where most trading volume happened. It's acting like a magnet.
▶️ Strong Support Zone: $2,000–$2,200 – big buying seen here, price got defended well.
▶️ Key Resistance: $2,900–$3,000 – this is the breakout level. A close above it can lead to a quick move up.
▶️ Low Volume Area Above: Once ETH breaks above $3,000, there’s less resistance until $3,500. That’s where price can fly fast.
▶️ Volume Profile: Shows big accumulation at the current range — smart money might be loading.
🔰 If $ETH breaks $3,000 — price could quickly fly to: $3,500 / $5,000 / $7000 / $10,000
🔰 Heatmap shows thin liquidity above $3K — breakout can be explosive.
🔰 Rejection = reload at $2,000–$2,200 zone.
Chart structure = clean. Volume = solid. Setup = 🔥
Don’t chase. Wait for confirmation. Next leg could define Q3!