#MemecoinSentiment
🚨 ETH Reaches $3K — Breakout or Relaxation Ahead
$ETH has just hit the psychological level of $3,000 after a strong price surge, creating a new high in the upward channel structure.
Below is the Updated ETH Plan:
🔸 Correction Area:
The area of $2,550–$2,700 aligns with the lower trendline of the upward channel — a key structure that investors may look to reinvest in.
🔸 Continued Activation:
A clean 4H close back above $3,000 turns resistance into support. This will pave the way towards $3,100 as the first target, with further upside potential as momentum increases into the summer.
🔸 Deactivation Levels:
A decisive break below the channel structure will neutralize the bullish setup and shift focus back to macro support near $2,400.
Until there is a deactivation, dips into the orange demand area provide opportunities in the context of a strong bullish trend.
Reminder: Trade with discipline. Stick to your plan, manage risk, and ignore the noise.
All strategies work — if managed properly.
Stay sharp and good luck.