Ethereum ($ETH ) is currently displaying a masterclass in disciplined price action. Climbing +4% in the latest session, ETH has transitioned from volatile swings to a deliberate, bullish momentum. As the asset consolidates just under key resistance levels, a "tight mid-range box" has formed, signaling that a significant move is brewing.
On lower timeframes, market sentiment remains aggressively "buy the dip," with strong liquidity sitting just beneath the current price action.
ETH Trade Setup and Key Levels
For traders looking to capitalize on this structured trend, here are the critical levels to watch:
* Entry Zone: $3,110 – $3,130
* Primary Target: $3,149
* Extended Targets: $3,180 • $3,225
* Stop Loss: $3,085
Market Momentum Analysis
The pivot point for this trade lies at $3,149. If Ethereum reclaims this level with high trading volume, the current sideways consolidation will likely flip into a sustained upward rally. Once $3,149 is flipped to support, trend riders are expected to take full control, potentially pushing ETH toward the $3,225 psychological resistance.
