#ETHBreaks3700
🔥 ETHEREUM BREAKOUT: $ETH CLEARS $3,700 WITH STRONG BULLISH MOMENTUM
Ethereum has officially broken out of its multi-month range, soaring to $3,705 after slicing through the heavy $2,800–$2,920 resistance. The intraday move marks a solid +3.13% gain and confirms bulls are back in charge.
🔹 Latest Technical Insights
• Months of accumulation between $2,120–$2,920 have now resolved upward
• Key EQH/EQL zones swept — confirming a bullish market structure shift
• Breakout candle shows no upper wick — signaling aggressive buying
• $2.8K level reclaimed and flipped into a strong support base
• Acceleration began after clean break of $3.2K — momentum remains strong
🔹 What’s Next?
• 🔸 $3,900 — minor resistance ahead
• 🔸 $4,200+ — major psychological + historical resistance (pre-Merge zone)
• 🔸 Pullback zones: $3,400 and $3,200 for potential long entries
🔹 Market Outlook
This breakout ends a 10-month sideways grind. As long as ETH stays above $3,200–$3,400, upside pressure is likely to continue. Bulls are firmly in control, and higher targets are now in play.
Stay Tuned !
