$ETH /USDT BULLISH SETUP – CONSOLIDATING ABOVE $3K, READY FOR $3.1K+ PUSH
Current Price: $3,009.62 (+0.65%)
24h High: $3,083.00
24h Low: $2,940.24
24h Volume: 762,911 ETH | $2.31B USDT
Category: Layer 1 | Exchange: Binance
Focus Timeframes: 4H & 1D – Bullish Continuation Setup
Key Technical Levels:
Resistance Zones:
$3,080–$3,100 – Key breakout zone (24h high & psychological barrier)
$3,200 – Target if breakout sustains with momentum
Support Zones:
$2,980 – Immediate support (just below current price)
$2,940 – 24h low; key support level for bullish structure
Technical Overview:
$ETH is showing a healthy consolidation above the $3,000 level, maintaining structure within a rising channel. Price is respecting support on dips and compressing toward the $3,080 resistance, suggesting an imminent breakout attempt.
RSI (4H) is neutral-to-bullish (~60), and MACD is showing a steady bullish bias. Volume remains solid, and bulls continue to defend the $3K psychological zone effectively.
Trade Setup – Long Position
Entry Zone: $3,000–$3,015 (on pullback or minor breakout above $3,030)
TP1: $3,080
TP2: $3,200
SL: $2,940 (below 24h low and invalidation of bullish setup)
Risk Management Tips:
Risk only 1–2% of total capital per trade
Adjust SL to breakeven once TP1 is hit
Use trailing SL if breaks and holds above $3,100 for extended upside
Conclusion:
$ETH/USDT remains in a bullish structure, holding strong above the key $3K level. A decisive break above $3,080–$3,100 could ignite the next leg toward $3,200+. All signs point to a slow but solid bullish continuation.
ETH HOLDS STRONG – $3,200 IN SIGHT!
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