$ETH 's current price action looks promising, with a +2.54% gain and buyers stepping in with strength. The trade setup suggests potential targets of $3,780, $3,850, and $3,940.
Key Levels:
- Resistance: $3,728.60
- Support: $3,660.00
Trade Setup:
- Entry Zone: $3,700 - $3,730
- Stop Loss: $3,640
- Targets:
- TP1: $3,780
- TP2: $3,850
- TP3: $3,940
Market Insight:
- Bullish Continuation: $ETH's consistent higher lows and strong green candles indicate potential for further upside.
- Volume Increase: Rising ETH volume, coupled with BTC's stability, could lead to a fresh leg up toward the $4,000 mark.
This setup seems ideal for breakout traders or short-term scalpers looking to ride the momentum.