$ETH /USDT – RETESTING BREAKOUT LEVEL, BOUNCE LIKELY AHEAD
Ethereum has pulled back after a strong impulse move, now retesting the previous breakout zone near $3,650. This area coincides with the base of the last major bullish breakout, making it a critical support level. A wick below this zone followed by a quick recovery signals potential absorption and buyer interest. If the price holds above $3,650–$3,652, we could see a rally toward $3,775 and $3,787 next. Clean invalidation below $3,610 gives this setup a favorable risk-reward.