📈 $ETH Showing Bullish Consolidation – Breakout Loading?

Ethereum is currently displaying healthy bullish structure while consolidating near key levels, suggesting a potential continuation move.

🔍 Price Action Overview

  • $ETH recently faced rejection near 3346.7, marking a short-term resistance zone.

  • Despite this, price continues to print higher lows, with strong support formed around 3294.5.

  • A bull flag pattern is developing on the 1-hour timeframe, often a continuation signal in an uptrend.

  • Strong volume spikes on upward moves confirm real buying pressure, not weak speculation.

  • Recent consolidation candles show declining volume, a common sign that momentum is building before a breakout.

💰 Capital Flow Insights

  • Noticeable net inflows across key timeframes highlight continued accumulation:

    • 1H: +402M USTD

    • 4H: +349M USDT

  • While the 3D timeframe shows an outflow of -903M, this appears to be short-term profit-taking rather than a trend reversal. Overall sentiment remains bullish.

🟱 Trade Setup – ETH Long

Entry Options:

  • Primary: Break and hold above 3345.6 with volume confirmation

  • Alternative: Pullback entry around 3315–3320, aligned with MA5 support and RSI reset

🛑 Stop Loss:

  • 3275 USDT (below key support and MA20)

🎯 Target Levels

  • Target 1: 3362.2

  • Target 2: 3380–3400 zone

Momentum is building — patience here could be rewarded.

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Cheers 🚀

$ETH #ETH #Ethereum #ETHUSDT.

ETH
ETH
3,209.26
-4.40%