$ETH has restored resistance level 3,350 after a sharp breakout and healthy consolidation, signaling strength and potential continuation.
The price is forming a bullish flag just below daily highs, while volume remains supportive. A breakout above 3,360–3,370 may trigger another move upwards to the 3,590–3,600 zone.
Momentum is rising again after a brief cool-off, with buyers aggressively defending the 3,300 zone.
Trade Setup (Long)
Entry Range: 3,350 – 3,365
Target 1: 3,500
Target 2: 3,590
Stop-loss: 3,237
A breakout below 3,230 nullifies the setup. Watch for confirmation of a breakout above $3,370.
ETHUSDT
Perp
3,329.71
+6.97%