🔥 $ETH Update — Consolidation Below $3K, Breakout Pressure Building
Ethereum is tightening up just below the psychological $3,000 level, and the structure is starting to hint that a momentum expansion may be close.
On the 30-minute chart, price is compressing tightly around a clustered EMA zone, while continuing to print higher lows — a classic setup that often precedes a directional move. Volatility is beginning to expand, suggesting the market is loading energy rather than distributing.
Current Price: $2,959 (+1.23%)
📈 ETH Long Setup
🎯 Entry Zone:
• $2,945 – $2,970
🛑 Stop Loss:
• $2,910
🎯 Take-Profit Targets:
• TP1: $2,995
• TP2: $3,020
• TP3: $3,080 (key liquidity zone)
🔍 Structure & Outlook
A clean hold above $2,940 keeps the bullish structure fully intact. If ETH achieves acceptance above $3,000, momentum could accelerate quickly as sidelined liquidity gets pulled in, opening the path toward the $3,080 expansion target.
Patience is key here — compression like this rarely lasts long.
👇 Trade ETH below and stay ahead of the move
