🚨 $ETH on the Move: Watch for a Short-Term Breakout at $3,949! 🚨
Ethereum ($ETH ) is currently trading at $3,949, showing signs of recovery after bouncing off the recent low of $3,926. With momentum gradually building and RSI holding near 51, ETH is approaching a minor resistance level at $3,957, which traders should closely watch. A clean breakout above this point could drive short-term targets toward $3,970 and $3,980, offering a solid opportunity for gains.
For entries, consider entering around the current price of $3,949 with carefully managed risk. A stop loss at $3,930 will protect positions if support fails. These closely set targets aim to capitalize on ETH’s upward momentum in the 15-minute timeframe while minimizing volatility risks.