Ethereum ($ETH ) has made a powerful move, climbing from $2,381 to a recent high of $2,834.86 before pausing for breath.
The 4-hour chart tells a bullish story — consistent higher lows, strong green candles, and rising momentum. Now trading above $2,750, $ETH is consolidating. If this level holds, we could be looking at a push toward the key psychological level of $3,000.
---
📈 Technical Setup: Long Trade Idea
If you’re eyeing a long position, here’s a structured trade plan:
🔹 Entry Zone: $2,750 – $2,790
✅ Take Profit 1: $2,860
✅ Take Profit 2: $2,940
✅ Take Profit 3: $3,050
⛔ Stop Loss: $2,690
This setup allows for solid risk-reward while giving room for ETH’s next breakout.
---
📌 Key Things to Watch:
✅ Confirmation Above $2,835 – This level is the current resistance. A close above it with volume can trigger the next leg higher.
📊 Strong Volume – Current trading volume backs the bullish momentum.
🌐 Market Sentiment - ETHis currently leading the altcoin rally, which increases the likelihood of continuation if Bitcoin remains stable.
---
📉 Bottom Line:
$ETH looks poised to challenge $3K, but timing matters. Don't chase—wait for confirmation above resistance or enter on a healthy pullback.
Stay sharp. Trade smart.
