$ETH To make a bullish trade on Ethereum (ETH) today, it is important to consider technical analysis and recent market performance. At the moment, the price of ETH is in a consolidation range, with key support near $3,070 and resistance around $3,450. Currently, ETH is trading in the $3,100-$3,150 area, after a pullback from recent highs of $3,446 seen last week.

### Technical Analysis and Current Signals

1. **Short-Term Trend**: Metrics indicate that Ethereum is in a neutral state, with indicators such as the RSI at mid-levels, suggesting a lack of clear momentum towards buying or selling. However, a break above $3,200 could signal upside momentum, opening the way towards the $3,400 level and eventually $3,500 if buying volume holds.

2. **Moving Averages**: The 50-day and 200-day moving averages are at equilibrium levels, which also reinforces the consolidation trend. A bullish crossover of these averages could be a strong entry signal for a bullish trade.

3. **Key Levels**:

- **Support**: $3,070 (important level to watch to avoid further declines).

- **Resistance**: $3,200 - $3,450. Breaking through this range could trigger an uptrend towards $3,500 and beyond.

### Trading Strategy

- **Entry**: Consider opening a long trade if ETH decisively breaks above $3,200 on significant volume, preferably around 12:00 PM (UTC), when the European and US markets are active, which could lead to increased volatility.

- **Suggested Amount**: Adjust your position size based on your risk management, but it is recommended not to commit more than 2-3% of your available capital to minimize risks.

- **Price Targets**:

- First Target: $3,400

- Second Target: $3,500

- **Stop Loss**: Place a conservative stop loss just below $3,070 to protect against potential losses.