đš $ETH /USDT ALERT: Bullish Momentum Building â Keep eyes on it guysđš
Ethereum $ETH is trading above MA7 ($3,102.00), showing signs of a potential breakout. Strong 24-hour trading volume of $1.93B indicates robust market activity.
đŻ Targets to Watch:
Target 1: $3,160.00 â Immediate resistance; breaking this confirms bullish momentum.
Target 2: $3,200.00 â Key psychological level.
Target 3: $3,240.00 â Potential breakout point signaling sustained uptrend.
đ Support Levels:
$3,100.00 (MA7): Immediate support to maintain bullish sentiment.
$3,029.00 (24h Low): Critical support; failure to hold may lead to a pullback toward $2,950.
â ïž Trading Strategy:
Bullish Entry: Above $3,160.00 targeting $3,200.00 and $3,240.00.
Bearish Entry: Below $3,029.00 targeting $2,950.00 as the next support zone.
Stop Loss:
Longs: $3,050.00
Shorts: $3,180.00
đ Next Move: ETH is consolidating near resistance. Watch for a decisive move above $3,160.00 for bullish continuation, or a drop below $3,029.00 for signs of weakness.
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