$ETH/USDT POISED FOR A BIG MOVE — BREAKOUT OR FADE? WATCH THIS ZONE!
Price is hovering around $3,720 after reclaiming ground from a recent pullback. Bulls are eyeing a breakout above $3,750, while bears may strike if resistance holds. This zone offers excellent opportunities for both long and short plays!
🔵 LONG TRADE SETUP
Entry: $3,725 – $3,745
Targets:
TP1: $3,800
TP2: $3,880
TP3: $3,960
Stop Loss: $3,660
🔴 SHORT TRADE SETUP
Entry: $3,750 – $3,770 (on rejection)
Targets:
TP1: $3,680
TP2: $3,600
TP3: $3,520
Stop Loss: $3,820
📊 Market Outlook:
ETH is consolidating just below key resistance. A confirmed breakout above $3,770 could trigger a bullish surge. However, repeated rejections may form a short-term top, setting up a deeper pullback.
💡 Pro Tip:
Let price action guide your entries. Breakout traders should wait for a strong candle close above resistance; short sellers — watch for wicks and volume drops near $3,750.
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