🔥 Ethereum at $2.48K – Gear Up for a Breakout to $3K+? 🔥
Ethereum is charging toward the upper end of its $2.40K–2.80K range, supported by $286M in ETH ETF inflows this month and a bullish technical setup forming 🎯 .
✅ Key Watch Zones:
Resistance: $2.80K–2.92K — a breakout here with volume could quickly push toward $3K+.
Support: $2.40K–2.50K — strong demand here; if broken, $2.28K–2.40K is the next buffer zone.
📈 On‑Chain & Sentiment Fuel:
ETH supply on exchanges is at near‑decade lows—investors are holding tight .
Technicals are stacking up: expanding Bollinger Bands, RSI ~65, and weekly MACD bullish .
🧭 Strategy 📌:
Consider long positions above $2.80K, with targets near $3K–3.1K.
If price dips below $2.50K, watch for a pullback into the $2.28K zone—potential accumulation point.
Are you positioning for the breakout or waiting on the sidelines? Vote 👍 or ❓below!