$ETH
ETH
3,216.29
+0.84%
Disclaimer :- only for education purposes.
The current environment favours a #neutral ,observational approch until #breackout occurs.
Bullish scenario :- A sustained 4 hour close above $3030 may trigger a move towards the next targets at $3080 and yearly VWAP at $3140
Bearish scenario :- if ETH fails to hold intraday #support at $2963 , a liquidity grab is #Anticipated , this could lead a rapid move towards the $2840 - $2780 zone where #institutional buy orders are likely clustered.