$ETH /USDT – Precision Breakout Zone
Layer 1 King Edging Higher
$ETH is showing classic breakout behavior with price now hovering just under the recent high of $2,734.23, backed by a solid structure and all major moving averages aligned bullishly (MA7: $2,701 | MA25: $2,664 | MA99: $2,650). The consolidation above $2,700 is healthy and suggests accumulation rather than exhaustion.
With daily volume crossing 888K ETH, bulls are gaining ground—and a clean break above $2,740 could ignite a fresh move.
Bullish Breakout Setup
Entry Zone: $2,695 – $2,725
Target 1 (TP1): $2,780
Target 2 (TP2): $2,860
Final Target: $2,950
Stop-Loss (SL): Below $2,665
Confirmation Tip: Look for a 1H or 4H candle close above $2,740 with volume above 20K ETH to confirm bullish continuation.
