๐ $ETH /USDT Gearing Up for a Breakout Above $3K?
Ethereum is gaining momentum from the $2,923 support level, forming higher lows and approaching key resistance at $2,990โ$3,010. Pressure is building, and a clean break above $3,010 could trigger a sharp move upward.
๐ Long Trade Setup:
โข Entry Zone: $2,970 โ $2,980
โข Stop Loss: Below $2,940
โข Take Profit 1: $3,010
โข Take Profit 2: $3,045
๐ Market Outlook:
The 15-minute chart signals a classic squeeze pattern. If ETH breaks above $3,010 with strong volume, a rapid rally toward $3,050+ is likely. Wait for confirmation and be ready โ breakout traders, keep it on your radar.