$ETH is looking strong after the rally from 2.85K, now consolidating just below 3.23K resistance. Price is comfortably above all MAs with a solid ascending trend structure intact. The brief pullback is healthy after such a strong move. Bulls remain in control as long as we hold above 3.15K. A push through 3.25K with volume could spark the next leg toward 3.4K and beyond.
This is a clean continuation setup with ETH respecting its uptrend. The consolidation near highs is bullish - it's coiling for the next move. If we break above 3.25K, expect acceleration. Stop below MA25 and the 3.1K support zone protects against a deeper correction while keeping risk reasonable.
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$ETH is looking strong after the rally from 2.85K, now consolidating just below 3.23K resistance. Price is comfortably above all MAs with a solid ascending trend structure intact. The brief pullback is healthy after such a strong move. Bulls remain in control as long as we hold above 3.15K. A push through 3.25K with volume could spark the next leg toward 3.4K and beyond.
Trade Setup:
TP1: 3,320
TP2: 3,450
TP3: 3,650
Stop Loss: 3,080
This is a clean continuation setup with ETH respecting its uptrend. The consolidation near highs is bullish - it's coiling for the next move. If we break above 3.25K, expect acceleration. Stop below MA25 and the 3.1K support zone protects against a deeper correction while keeping risk reasonable.