Ethereum just showed a classic bullish reversal setup on the 4h chart on Binance (ETH/USDT).
We had a strong bullish impulse up, followed by a small correction that formed a nice base, and now the price has broken out above that zone — that’s a very important bullish signal. As long as we hold above this breakout area (around 3035–3040), the odds for continuation higher look solid.
First realistic target is the 3160 zone, which previously acted as a key structural level (former support/resistance flip). If momentum stays strong, I’m eyeing further upside toward 3350, where I expect heavier resistance and probably a bigger reaction.
Right now ETH is floating around 2950–3000 (small dip today, but nothing dramatic in the bigger picture), so this could be a decent accumulation spot if you believe in the trend continuation. Personally, I like the structure a lot — clean breakout, higher lows forming, and volume supporting the move so far. Feels like the bulls are quietly reloading before the next leg up.
Key levels to watch:
Support: breakout zone ~3035
Target 1: 3160
Target 2: 3350
What do you think — are we heading straight to 3350 soon, or do you expect a bit more chop first? Drop your thoughts below! 🚀📈
#Ethereum #ETH #CryptoAnalysis
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