$ETH Holding Firm Above $3,560 — Momentum Building for $3,700+?
$ETH recently tagged $3,560 and bounced, now trading at $3,587.75. Price action is coiling just below short-term resistance with strong support building at $3,565. If it continues holding above $3,575, bulls could trigger a fresh leg toward $3,700+ as momentum resumes.
📊 Market Sentiment: 53% sell-side — neutralizing, but bulls aren’t in full control yet.
🔹 Resistance Zone: $3,622 – $3,688
🔹 Support Base: $3,562 – $3,575
📌 My Long Setup
• Entry: $3,575 – $3,590 (only valid if $ETH holds above $3,575)
• Stop: $3,541 (below previous structure low)
• Targets:
🎯 TP1: $3,622
🎯 TP2: $3,688
🎯 TP3: $3,755
⚠️ Break below $3,541, and I’m out — invalidates structure, likely revisits $3,485 quickly.
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