🚀 ETH Smashes Through $3600: Bullish Momentum Builds for Ethereum!

Fellow traders on Binance Square, Ethereum ($ETH ) has just blasted through the $3600 level, confirming a major bullish breakout as of July 18, 2025.

📈 Current Price: $3605 (When post was written)

📊 24H Change: +3.59%

📅 7D Gain: +17.7%

📆 30D Rally: +38.2%

This move is fueled by strong fundamentals, including:

• 🚀 Record ETF inflows: $720M in a single day

• 🏦 Corporate accumulation: Institutions like SharpLink Gaming adding ETH to treasury holdings

• 🔒 Staking metrics: ATH in staked ETH, reducing circulating supply

📊 Technical Snapshot:

• Breakout Pattern: $ETH cleared a multi-week ascending triangle + bull flag at $3300

• Current Trend: Resynchronizing with macro range ($2200–$3900)

• Volume Surge: 24H trading at $56.9B = strong validation

• MA Structure: Price sits above rising 50 & 200-day MAs ➜ solid uptrend

• RSI: High but controlled — bullish momentum intact

📌 Key Levels:

🔹 Support: $3400 / $3250 / $3000

🔹 Resistance: $3800 → $4000 (thin volume zone)

🎯 Trading Strategy:

✔️ Bullish Entry Plan:

• 🛒 Buy pullback: $3500–$3550 or confirmation above $3600

• 🎯 TP1: $3800, TP2: $4000

• 🛑 SL: $3400

• 🔁 Trail for $5000 if ETF momentum continues

⚡ Scalp Setup (if RSI cools):

• Short below $3550 ➜ Target $3400 ➜ SL $3650

🚨Risk Tip: 3–5× leverage only for pros. Stick to spot or low leverage for better control. Always monitor $BTC – if it holds $60K, ETH momentum strengthens.

💬 What’s YOUR ETH target this quarter?

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