$ETH Breaks Out!
Current Price: $3723
Daily Gain: +3.66% 📈
Moving Averages:
MA20: $2938 ✅ (Support reclaimed)
MA50: $2683 ✅
MA200: $2478 ✅ (Major trend flip confirmed)
Targets:
🥇 Target 1: $4000 – Psychological barrier & May 2024 highs
🥈 Target 2: $4500 – Previous cycle top retest zone
🥉 Target 3: $5000 – All-time high attack 💥
Stop Loss Idea:
Below $3200 to protect against bull trap wicks.
Why ETH Now?
ETF Narrative: Ether spot ETFs launching soon
Layer-2 Ecosystem Boom: Rollups & EigenLayer driving utility
Macro Setup: Golden cross on daily, weekly momentum turning 🔥
This is no longer a bear market structure—ETH has entered macro breakout mode.
⚠️ DYOR. This is not financial advice. Manage your risk.
