$ETH /USDT BULLISH BREAKOUT IN PLAY – MOMENTUM BUILDS ABOVE $3,100!
ETH/USDT has delivered a strong rebound from the $2,880–$2,980 demand zone and is now firmly holding above $3,100, confirming a bullish continuation structure. Price is compressing just below the $3,168–$3,240 resistance band, suggesting accumulation before the next impulsive leg higher. As long as ETH stays above $3,075, the upside bias remains intact.
🔹 Trade Setup (LONG Entry)
Entry: $3,095 – $3,130
Targets (TP):
• TP1: $3,168
• TP2: $3,240
• TP3: $3,320
Stop-Loss (SL): $3,020
📉 Short Setup (Only If Rejection Occurs)
Entry: $3,235 – $3,260 (strong rejection zone)
TP: $3,120
SL: $3,310
📌 Market Outlook
Ethereum is showing renewed bullish strength aligned with Bitcoin’s uptrend. A confirmed breakout and close above $3,240 can open the door for a fast push toward the $3,350–$3,400 zone, while a drop below $3,020 would signal short-term weakness. Overall trend remains bullish on higher timeframes.
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