Coin: $ETH
Current Price: ~$3,517
Timeframe: 1H
Support Level: $3,431.75
Resistance Level: $3,675.85
Entry Zone: $3,500 – $3,530 (if buyers maintain control)
Stop Loss: Below $3,460
🎯 Targets:
• TP1: $3,610
• TP2: $3,675
• TP3: $3,730
Market Outlook:
Ethereum is stabilizing after a sharp dip, now hovering above the key support at $3,431.75. The recent bounce signals that bulls are not backing down yet. A solid defense of the $3,500–$3,530 zone could open the door for another leg higher.
Price action is now compressing near mid-range resistance, and a clean breakout above $3,540 with strong volume could trigger a move toward $3,610 and beyond. Momentum indicators are slowly turning bullish, which supports the case for a continued recovery—provided the $3,460 stop zone holds.
📌 Watch closely: If ETH can break past $3,675 with conviction, it may aim for the $3,730 zone next.
