$ETH Market Outlook — Key Levels in Play
Ethereum is currently trading near $3,403, with price action showing consolidation between short-term resistance and mid-range support. The 7 MA ($3,413) and 25 MA ($3,327) are acting as critical decision zones for momentum traders.
As long as ETH remains below the 99 MA ($3,774), the broader trend stays weak. However, a decisive breakout above $3,450 could ignite bullish momentum toward the next resistance clusters. If bulls fail to hold, expect bears to retest the $3,300 area for support confirmation.
🎯 Trade Setup:
Entry: Around current levels ($3,400)
Targets:
• TP1: $3,480
• TP2: $3,560
• TP3: $3,700
Stop-Loss: $3,300
📊 Outlook: Watch for a clean breakout with volume above $3,450 — that’s where momentum could shift sharply in favor of the bulls.
