After the strong move, price is likely to retrace as longs get trapped and late buyers take profit.
Best scenario: ETH pulls back to the 1W breaker zone ($3,141–$3,456), which previously acted as resistance and could now flip into support.
Watch for bullish reaction and confirmation in the 1W breaker zone.
If support holds, enter long — targeting a return to the range high and then the liquidity zone ($4,108+).
Invalidation if ETH closes below the 1W breaker or loses range low ($2,876) support.
ETH has rallied hard. After such a move, it’s normal for price to pull back and test old resistance as new support. The ideal long is on confirmation of a bounce from the 1W breaker zone, which keeps risk controlled and sets up for a continuation move higher. This approach avoids FOMO and protects against reversal if the breakout fails.
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