$ETHW 1H | Massive Volume Breakout in Progress!
Long $ETHW
• Entry: 0.4050 – 0.4120
• Stop Loss: 0.3750
Targets:
• TP1: 0.4500
• TP2: 0.4881
• TP3: 0.5500+
ETHW is showing incredible strength after a powerful breakout from its long consolidation range. The move from the 0.2770 area to 0.4881 was backed by explosive volume, confirming aggressive bullish interest and a clear shift in momentum.
Right now, price is pulling back in a controlled way toward the 0.4050 – 0.4120 zone, which looks like a healthy retest rather than weakness. This type of retracement often gives bulls a strong second chance to enter before the next impulsive leg higher.
The bullish bias remains valid as long as 0.3750 holds as support. A bounce from this area with rising volume could open the door for another strong continuation move toward the 0.45, 0.4881, and possibly 0.55+ levels.
Risk management is key here — wait for confirmation, stay disciplined, and watch for volume expansion on the rebound.
Trade $ETHW here 👇🏻
