ETH Breakout on the Radar
Ethereum ($ETH ) recently hit $3,152 following a steady climb from its $2,112 low. The daily chart maintains a strong bullish structure, with moving averages aligned upward. Some profit-taking could occur before the next leg higher.
🔍 Trade Setup:
Entry Range: $3,120 – $3,140
Stop Loss: $2,945
Target 1: $3,250
Target 2: $3,400
Target 3: $3,550
A confirmed daily close above $3,160 with increasing volume would strengthen the case for continued upside. Without that, be prepared for a minor pullback before potential re-entry.