$ETH – BULLISH MOMENTUM TESTING KEY RESISTANCE ZONE
$ETH has rebounded strongly from the $4,166 low, reclaiming higher support zones and now challenging the $4,300 – $4,341 resistance area. A breakout above $4,341 could open the path toward $4,380 and potentially $4,420, fueled by increasing buying volume. However, failure to break this zone may trigger a short-term pullback toward $4,240.
Trade Setup
Long Entry: $4,290 – $4,300
Target 1: $4,341
Target 2: $4,380
Stop Loss: $4,240
Market Outlook: Bulls are regaining control after a clean recovery from lower demand zones. Holding above $4,290 strengthens the probability of an upside breakout. Watch for volume confirmation near $4,341.
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