$ETH /USDT – Long Setup (Binance)
Current Price: ~2,972 USDT
📈 Market Structure
ETH is holding above the 2,940–2,960 demand zone after a healthy pullback. Price is consolidating below the 3,000 psychological level, suggesting accumulation before continuation. Trend remains bullish on intraday timeframes.
🔑 Key Levels
Support: 2,940 – 2,960
Major Support: 2,900
Resistance: 3,000 – 3,040
Major Resistance: 3,080
🟢 Long Setup
Entry Zone: 2,950 – 2,980
Stop Loss: 2,890
Targets:
TP1: 3,040
TP2: 3,080
TP3: 3,150 (extension if momentum expands)
📊 Indicators Insight
EMA Structure: Price holding above short-term EMAs (bullish bias)
RSI: Neutral–bullish, room for upside
Volume: Stable, no distribution signs yet
🧠 Trade Plan
As long as ETH holds above 2,940, dips are buyable. A clean breakout and close above 3,000 will likely accelerate price toward 3,080+.
⚠️ Invalidation only on a strong breakdown below 2,900.
Trade with proper risk management. This setup aligns with your usual momentum-continuation style.