The more I study this chart, the clearer it becomes that $ETH is rebuilding strength after a sharp rebound from the lower zone. Price has already shown a strong impulse move, and now it is consolidating just below a key resistance area. This is not the place to be overly aggressive yet, but the structure is improving step by step.
If ETH manages a clean breakout and holds above this zone, the next upside expansion can be strong. Until then, patience is important and entries should be planned carefully around confirmation.
Entry: 2920 – 2960
SL: 2865
TP1: 3050
TP2: 3180
TP3: 3350
A confirmed breakout above resistance can open the door for a sustained bullish continuation. Risk management remains key.
ETHUSDT
Perp
2,966.49
+1.31%