$ETH

ETHUSDT

Perp

3,124.45

-3.71%

Strong reversal towards 3,180

Ethereum has just made a strong V-shaped recovery on the 1-hour chart, reclaiming the 3,100 area with strong upward momentum. This breakout candle shows a strong entry of buyers after clearing liquidity near 2,900. If ETH holds above 3,120, a continuation towards the resistance area of 3,160–3,180 seems highly likely in the upcoming sessions.

Trading setup:

Entry area: 3,110 – 3,125

Target 1: 3,160

Target 2: 3,185

Target 3: 3,220

Stop loss: 3,065