🚨 ETH Hits $3K — Breakout or Breather Incoming
$ETH just tapped the psychological $3,000 mark after a strong impulsive rally, printing a fresh higher high within its rising channel structure.
Here’s the updated ETH Game Plan:
🔸 Pullback Zone:
The $2,550–$2,700 area aligns with the lower trendline of the ascending channel — a key structure where bulls may look to reload.
🔸 Continuation Trigger:
A clean 4H close back above $3,000 turns resistance into support. This would open the path toward $3,100 as the first target, with potential for further upside as momentum builds into summer.
🔸 Invalidation Level:
A decisive break below the channel structure would neutralize the bullish setup and shift focus back to the macro support near $2,400.
Until invalidation, dips toward the orange demand zone offer opportunities within a strong bullish context.
Reminder: Trade with discipline. Follow your plan, manage risk, and ignore the noise.
All strategies work — if managed properly.
Stay sharp and good luck.