$ETH Breaks $3000 — Is $4000 the Next Magnet?
Finally, Ethereum managed to break the $3000 barrier after exiting the recent pressure zone.
Historically, these breakouts often lead to sustained momentum, but $3200–$3300 remains a critical resistance area.
🎯 Targets:
Target 1: $3300
Target 2: $3800
Target 3: $4200
🛡️ Support Levels:
Immediate Support: $2850
Major Support: $2500 (200-day moving average)
⚙️ Summary:
Ethereum shows a strong continuation of the upward trend with increasing volume.
A break and daily close above $3300 could confirm the next step towards $4000.
Watch for potential short-term corrections — Ethereum often retests previous breakout levels.
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