After a strong corrective movement, it seems that Ethereum has found a strong bottom around 2,900, and has begun to ignite the spark of a bullish reversal with an accelerated rise that brought it to 3,265. The bullish momentum is now clear, and this is what smart wallets are looking for. $ETH
📊 Bullish scenario – why buy now?
🔹 Key Support: The price strongly bounced from 2,900, showing a dryness in selling pressure and a clear beginning of institutional entry.
🔹 End of correction: The drop from 3,265 has lost momentum, and currently we are seeing strong and stable green candles.
🔹 Strong reversal signals: potential formation of a double bottom (W) pattern with a clear rise in MACD and RSI (79.34), confirming a trend reversal towards the upside.
🔹 Excellent risk/reward opportunity: Buying in this area provides a low entry point against large upward targets, especially with a stop loss below the bottom. $ETH
📈 Trade recommendation:
✅ Buy: in the range of 3,200–3,240
🎯 TP1: 3,300 (first resistance)
🎯 TP2: 3,400 – 3,500 🛑 Stop loss: 2,980 (below the main support)
🔥 Summary: The technical indicators and current momentum indicate the beginning of a strong upward wave, and this is a moment for entry strategy before a larger move comes.
👇 Do you think ETH can break $3,300 this week? Share your opinion! 👇
❤️ If you are optimistic about ETH, hit like and follow for more early analyses