🟢 $ETH /USDT — Bullish Breakout Formation
Price Action:
$ETH flushed into the $2,906 demand zone and bounced decisively, reclaiming the $2,950–$2,970 area. The recovery shows buyers absorbing sell pressure after the sharp rejection from $3,020.
Key Levels:
Support: $2,900 – $2,930
Range Pivot: $2,970
Resistance: $3,020 → $3,120
Trade Setup (Long):
Entry: $2,940 – $2,980 (pullback hold) or clean reclaim above $3,020
Targets:
🎯 T1: $3,020
🎯 T2: $3,120
🎯 T3: $3,250
Stop Loss: Below $2,890
Market Sentiment:
Short-term momentum is stabilizing after the shakeout. As long as ETH holds above $2,900, upside continuation remains the higher-probability path.
Bias: Bullish above $2,900, acceleration above $3,020.
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