ETH/USDT making higher lows on the 1H timeframe after a strong bounce from the $2,944 support.
This push above the MA(7) at $3,023 shows bullish momentum. I'm looking for a confirmed entry on a retest of the $3,010 - $3,020 zone for another leg up.
My target is the recent high and resistance near $3,060 for a +1.3% move. Stop loss is placed just below the previous swing low at $2,945 to manage risk.
The 24h volume is strong at 663M USDT, supporting the move. Layer-1 activity remains a key driver for ETH.
Trade your plan and always use proper risk management.
#ETH #Ethereum #Trading #Binance #Crypto
ETHUSDT
Prep
3,039.41
+1.60%