$ETH

Re-testing the movement, bulls defend this area!

Ethereum's price surpassed $3,400 with a sharp breakout, but it is now re-testing the key level around $3,410. Despite a slight rejection, the structure remains bullish as long as the support holds.

Key Areas

• Resistance: $3,435 - $3,475

• Support: $3,410 - $3,385

Trading Plan

Continuation of the upward trend:

• Entry: $3,410 - $3,420

• Stop Loss: below $3,385

• Target 1: $3,455

• Target 2: $3,480

• Final Target: $3,530

Strong pressure from the supply side at 83.15%, indicating that the bulls are not done yet. Focus on defending the lower wick - reclaiming price above $3,435 will confirm the momentum.