📊 $ETH /USDT Technical Analysis
Current Price: $3,025.55
ENTRY: $3,000– $3,025
(Price has just flipped the major $3,000 resistance back into support. Buying the "Reclaim" is a high-probability trend play.)
TP :
TP1: $3,250.00 (Secure 20% profit at the recent supply zone)
TP2: $3,500.00 (Targeting the January "Cycle High" resistance)
SL (Stop Loss): $2,860.00
Reason: A drop below the recent swing low of $2,864 would invalidate the recovery and expose ETH to deeper risk toward $2,700.
Support Line: $3,000.00 (Immediate) | $2,860.00 (Critical Floor)
Resistance: $3,250.00 (Immediate) | $3,500.00 (Major Trend Target)
💡 Why? Entry Reason!
$3,000 Support Flip: Reclaiming this psychological level after a sharp 13.8% drop suggests the "panic selling" phase has ended.
Whale Activity: On-chain data shows massive accumulation, with institutional players borrowing over $70 million USDT to buy the dip at these levels.
Network Growth: Despite the price consolidation, Ethereum's daily active addresses have spiked to record levels (over 849,000), signaling strong organic demand.
🚀 Best Trading Plan
The Strategy: This is a "Support Reclaim" trade. We are betting that $3,000 will now act as a springboard for a recovery rally.
Management: Move your Stop Loss to your Entry Price ($3,027) once ETH hits $3,150 to secure a risk-free trade.
The Narrative: "ETH is back above $3,000! 🛡️ Whales are stacking millions while retail panics. Reclaiming this floor is the signal we were waiting for. Next stop: $3,500! 🚀💎"#Ethereum
