$ETH
usdt Bullish structure intact
Current :$3611
$ETH is currently in a bullish structure, forming higher lows and consolidating above the 3500 support zone.
Price is ranging between 3528ā3630, creating a bullish flag/pennant, which often resolves to the upside.
šÆ Entry Zone:
ā 3600 ā 3528 (Buy-the-dip range near support)
š° Take-Profit Targets:
Tp1. 3632 ā Local resistance
Tp2. 3661 ā Short-term breakout zone
Tp3. 3708 ā Strong resistance
Tp4. 3744 ā Pre-breakout rejection level
Tp5. 3780 ā High probability TP
Tp6. 3816 ā Extended target (swing TP)
Stop loss :3492 ā Below key support zone to protect capital
š Key Levels:
ā Support Zones (Buy Range):
3600 ā 3528 ā Ideal long entry area
3492 ā Stop-loss protection below structure
Resistance
3632 ā 3661 ā First resistance block
3708 ā 3744 ā Medium-term target range
3780 ā 3816 ā Strong breakout extension zone
#ETH is showing bullish consolidation just above a strong demand zone. As long as it holds above 3528, the setup favors upside continuation toward 3700+ levels.
This setup offers a high-reward trade with a clear invalidation at 3492. A breakout above 3660ā3700 with volume could trigger strong buying interest and retest 3800+ levels.