(Current price is ~$3.34 — good for potential continuation)
🔹 Take Profit Targets (TPs):
TP1: $3.50 (recent high extension)
TP2: $3.65 (psychological & projected extension from breakout)
TP3: $3.82 (Fibonacci 1.618 extension zone)
🔹 Stop Loss (SL):
Set SL around $3.15 (below consolidation support zone and structure)
🔹 Risk-Reward Ratio:
Approx. 1:2.5 to 1:3 depending on TP hit — solid for short-term swing
📌 Support Levels
$3.15 – Near-term support (just under recent structure)
$3.00 – Strong psychological support
$2.75 – Previous base of consolidation before breakout
📌 Resistance Levels
$3.40 – $3.45 – Immediate resistance (current zone of hesitation)
$3.50 – $3.65 – Future resistance based on extension
$3.80+ – Blue-sky breakout zone if momentum continues $SUI
🧠 Pro Tip:
If you're risk-averse, wait for a break and close above $3.45 on the 1H timeframe, then enter on a small pullback (confirmation strategy). Otherwise, entering within the current zone can be aggressive but rewarding. #EthereumFuture #BinanceAlphaAlert #BTCvsMarkets #Write2Earn
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