🚨 $ETH ALERT: Enter Now at $3,962 – Breakout in Progress! 🚨
$ETH is trading at $3,962, up by 5.16% today. After reaching a 24-hour high of $3,987, it’s pulling back slightly but still shows strong upward momentum. Watch for key levels and potential targets.
Key Levels to Watch:
💡 Resistance: $3,987 – The 24-hour high is a critical resistance level. If $ETH breaks above this, it could fuel a further upward rally toward the next key levels.
📉 Support: $3,920 – This is the critical support level for $ETH. If the price holds above $3,920, the bullish trend remains intact. A drop below $3,920 could lead to further retracement towards lower targets.
🚀 Target 1: $4,000 – A psychological barrier and key level. If the price holds, expect it to reach this target.
🎯 Target 2: $4,050 – If ETH maintains momentum, it could test this next resistance level.
💥 Target 3: $4,100 – A more optimistic target for a further bullish breakout if the market remains strong.
Trade Setup:
Long Entry: Above $3,962, targeting $4,000, $4,050, and $4,100 with a stop loss below $3,920.
Short Entry: If ETH drops below $3,920, watch for potential targets around $3,880 and lower.
💡 Volatility Alert: ETH is currently showing bullish strength, but keep an eye on potential pullbacks at $3,920. A break above $3,987 could send the price soaring.