$ETH is showing strong bullish momentum, currently trading around $2,962 with a +0.68% move in the last 24 hours.
After a sharp breakout from consolidation, price is holding above key intraday support. On the 1H timeframe, consecutive bullish candles confirm momentum is building, not fading.
Market Structure Insight
Strong impulse move from ~$2,850 → $2,990
Healthy pullback and consolidation near highs
Buyers are defending structure, suggesting continuation
Trade Setup (Bullish Bias)
• Entry Zone: $2,940 – $2,965
• Target 1 : $3,000 (psychological + liquidity)
• Target 2 : $3,060
• Target 3 : $3,120
• Stop Loss: $2,890
Trade Logic
If ETH reclaims and holds above $3,000 with volume, we could see a strong expansion move toward higher resistance zones. Momentum traders are already stepping in, and structure favors continuation rather than rejection.
Risk is clearly defined, upside is open.
Momentum > Emotion.
