๐ฅ $ETH Bullish Consolidation | $ETH THUSDT Perp
๐ Market Structure $ETH is forming a strong base near 3280โ3300, with multiple successful defenses around 3284.6.
A 1H bullish engulfing candle backed by high volume (250K) confirms buyersโ strength, establishing 3306 as short-term support.
๐ Volatility & Volume
Price consolidating above 3310
Volatility decreasing โ healthy pause before expansion
Rising volume on upward candles, lighter volume during consolidation โ bullish continuation signal $BNB
๐ฐ Capital Flow Insight
1H Net Inflow: +72.7M USDT (fresh buying interest)
4H Net Inflow: +2M USDT (post-distribution stabilization)
24H Net Inflow: +411M $USDT โ strong underlying demand
๐ Long Trade Plan
๐น Primary Entry: 3308 โ 3312 (Bollinger Middle Band confluence)
๐น Secondary Entry: Break & hold above 3325.5 with volume confirmation
๐ Stop-Loss: 3285 (below key support & recent swing low)
๐ฏ Targets
TP1: 3349.94
TP2: 3365 โ 3370 (range expansion projection)
โ ๏ธ Invalidation A 1H close below 3291.6 invalidates this bullish setup.
๐ Bias: Bullish continuation
#ETHUSDT #Ethereum #cryptotrading #Binance #perpetuals
