$ETH Breaks Out!


Current Price: $3723

Daily Gain: +3.66% 📈

Moving Averages:


MA20: $2938 ✅ (Support reclaimed)

MA50: $2683 ✅

MA200: $2478 ✅ (Major trend flip confirmed)

Targets:


đŸ„‡ Target 1: $4000 – Psychological barrier & May 2024 highs

đŸ„ˆ Target 2: $4500 – Previous cycle top retest zone

đŸ„‰ Target 3: $5000 – All-time high attack đŸ’„

Stop Loss Idea:


Below $3200 to protect against bull trap wicks.

Why ETH Now?


ETF Narrative: Ether spot ETFs launching soon

Layer-2 Ecosystem Boom: Rollups & EigenLayer driving utility

Macro Setup: Golden cross on daily, weekly momentum turning đŸ”„

This is no longer a bear market structure—ETH has entered macro breakout mode.

⚠ DYOR. This is not financial advice. Manage your risk.



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