$ETH USDT Technical Outlook:
Ethereum is showing strong consolidation above the key support of $3,250, indicating strength from institutional buyers. #ETH
Current price structure suggests a breakout is brewing.
š¹ Buy Zone: $3,200 ā $3,280
š¹ Primary Target: $3,650
š¹ Extended Target: $3,920
š¹ Stop Loss: Below $3,090 (closing basis)
Volume is steadily building, and RSI remains in bullish territory ā signaling a potential breakout from the current wedge formation.
As long as ETH holds above $3,200, bulls are in control. This is not the time to watch ā this is the time to position before the explosion.