$ETH /USDT Breakout Alert: Strong Momentum Building
$ETH /USDT is trading at $4,078.07, breaking above critical resistance levels with strong bullish momentum. The price is testing key zones with further upside potential.
Technical Analysis:
Support Zone: $4,020 – $4,050
Immediate Resistance: $4,100
Key Resistance: $4,150
The strong breakout candle indicates growing buyer strength. If ETH holds above $4,100, further targets come into play.
Trading Signal:
Entry Zone: $4,050 - $4,080
Targets:
1. Target 1: $4,100
2. Target 2: $4,130
3. Target 3: $4,150
Stop Loss: Below $4,020
Market Insights:
ETH/USDT has delivered 35.01% gains in the last 30 days and 78.11% over 90 days, reflecting sustained bullish strength.
A confirmed break above $4,100 could fuel additional upside, targeting new highs around $4,150.
Risk Management Tip: Place a tight stop loss below support and scale out profits at each target to lock in gains.