🚩🔥 $ETH UPDATE 🔥🚩
Everyone’s focused on BTC, but let’s talk about $ETH here. From current structure, I’m leaning bullish 📈. ETH has already shown strong momentum after the breakout and is now consolidating near resistance.
As long as structure holds, we can see a push toward $2,400+ in the short term.
WHAT’S DRIVING IT:
👉 Strength following BTC momentum
👉 Strong breakout with sustained volume
👉 Healthy consolidation above key moving averages
ETH is currently holding above short-term support. Best approach is to wait for a pullback + confirmation before entering.
SETUP
Entry: $2,340 – $2,360
SL: $2,300
TARGETS
T1: $2,380
T2: $2,400
T3: $2,450
I’ll invalidate this bullish view if price holds below $2,340 for a while or if BTC shows weakness.
⚠️ Let me be clear entering without confirmation or not using a trailing stop loss is a bad move. Be patient and disciplined.
Safe traders can wait for rejection near $2,400 for a possible short setup instead.
$ETH will continue to follow BTC direction, so keep an eye on overall market sentiment.