#ETH Alert: Preparing for a Major Move?
Ethereum ($ETH) is consolidating tightly — a breakout looks imminent!
Signal Summary:
Entry Zone: $3,050 – $3,100
Resistance to Watch: $3,180
Support: $2,980
Target Range: $3,300 – $3,400
Stop Loss: $2,950
Technical Setup:
ETH is forming a bullish pennant on the 4H chart
Price holding above the 200 EMA
RSI remains neutral (55), room for upside
MACD starting to curl upward — bullish crossover incoming?
My Take:
If ETH breaks above $3,180 with volume, it could spark a short-term rally. Keep your eyes on BTC too — ETH tends to follow its momentum.
Risk management is crucial. Set your stop-loss and trade with a plan.
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