$ETH Weekly Structure — Clean Breakout From MSS + FVG Sweep
Ethereum just printed a powerful weekly candle, reclaiming the $3,600+ level with conviction.
📈 Current Price: $3,646.65
🔹️ Key Technical Highlights:
• MSSI (Market Structure Shift Indicator) confirmed after reclaim above ~$2,900
• Fair Value Gap (FVG) at ~$2,000–$2,500 swept and filled, acting as launchpad
• Strong breakout from mid-structure, leaving multiple bullish FVGs unmitigated
• Price pushing into previous order block (OB) near ~$3,900–$4,100 zone
• Weekly close above $3,700 would invalidate prior supply zone rejection
🔹️ What This Means:
Ethereum has flipped key weekly levels, shifting bias back to bullish. The reclaim above MSS and clean rally through FVG confirms strength. This is not a relief rally — this is structural reversal behavior on high timeframe.
🔹️ Key Zones to Watch:
• Support: $3,200 (FVG top), $2,900 (MSSI base)
• Resistance: $3,950–$4,100 (weekly OB)
• Target: $4,400+, contingent on weekly OB breach
Bulls are in clear control on the weekly structure, and as long as price holds above $3,200, the path to $4K+ remains open.
