🚀 Ethereum Breaks Resistance and Soars! New High on the Way? 🔥

📅 ETH/USDT Chart – Daily Interval (1D)

📈 Ethereum (ETH) has just broken a consolidation zone that had been holding the price since May, strongly surpassing the resistance of $3,150. The movement is accompanied by strong volume, signaling the continuation of the upward trend.

🔍 Technical Analysis:

✅ Trend: Clearly bullish, with higher highs and higher lows.

✅ Chart Pattern: Breakout from sideways congestion, with a structure similar to a "cup with handle."

✅ Volume: Significant increase in recent sessions, confirming buying strength.

🧱 Relevant Supports:

$3,150 → former broken resistance, now immediate support.

$2,950 – $3,000 → previous consolidation range.

$2,700 → short-term support (beginning of July).

🚧 Resistances on the Radar:

$3,300 – $3,320 → current region, possible profit-taking.

$3,500 → psychological resistance and previous high.

$3,650 – $3,730 → important high zone on the weekly chart.

📊 Possible Scenarios:

🔹 Continuous rise: If ETH stays above $3,150, it may aim for $3,500 and, with strength, even $3,700.

🔹 Healthy correction: A slight correction to $2,950 would not invalidate the bullish trend.

🔹 Alert: Losing $2,700 could indicate a structural change.

💬 And you? Are you already positioned or waiting for a pullback to enter? Share your view in the comments!