$ETH /USDT Perp Trade Setup

Market Insight:

Ethereum is showing strong bullish momentum with a 7.58% gain in the last 24h, breaking through key resistance levels. Volume and volatility are high, suggesting strong trader interest.

Entry:

$2,950 – $2,990 (ideal pullback zone within the mid-Bollinger Band range)

Targets:

Target 1: $3,070 (upper Bollinger Band)

Target 2: $3,120 (recent high/resistance zone)

Target 3: $3,200 (psychological + technical resistance)

Stop Loss:

$2,875 (just below lower Bollinger Band support)

Key Levels:

Support: $2,875 / $2,770 / $2,670

Resistance: $3,070 / $3,120 / $3,200

Pivot (Mid-Bollinger Band): $2,963

Pro Tip:

Watch for a retest of the $2,950 zone with declining volume — a successful hold can signal continuation. Consider trailing stop loss above $3,070 to lock in gains if breakout sustains.

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