$ETH /USDT BULLISH MOMENTUM – EYES ON $3,050+ BREAKOUT ZONE
Current Price: $2,981.79 (+6.07%)
24h High: $3,000.00
24h Low: $2,752.17
24h Volume (ETH): 886,843.91
24h Volume (USDT): $2.51B
Exchange: Binance
KEY LEVELS TO WATCH:
Immediate Resistance: $3,000.00
Major Breakout Level: $3,045 – $3,060
Support 1: $2,900
Support 2: $2,828 (recent average volume level - AVL)
Key Demand Zone: $2,750 – $2,800
TRADE SETUP (LONG):
Entry Zone: $2,960 – $2,980 (on minor pullback/consolidation)
Targets:
TP1: $3,045
TP2: $3,100
TP3: $3,180
Stop Loss: Below $2,900 (to avoid fakeouts)
TECHNICAL OUTLOOK:
ETH is showing strong bullish strength with a sharp rebound from the $2,750 region and sustained buying pressure into $3,000. A clean break and close above $3,045 resistance could trigger a further rally into the $3,100–$3,180 zone.
MACD: Trending upward
Bollinger Bands: Expanding – indicating volatility
Volume: High buying volume, supporting the breakout attempt
MA(5 & 10): Both rising – short-term trend is bullish
RISK MANAGEMENT:
Use 2% max capital per trade
Trail your SL as price rises
Avoid chasing if price closes far above $3,000 without retest
Bearish Scenario: A rejection at $3,000 and break below $2,900 may signal a short-term correction back toward $2,828 – $2,750 range.
Trend Bias: Bullish
Sentiment: Breakout-building with institutional momentum
Let me know if you want a detailed multi-timeframe (15m, 1h, 4h, 1D) analysis or visual chart support!
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