$ETH /USDT – BULLISH CONTINUATION | LONG SETUP
Market Structure:
ETH is holding a strong bullish structure, consolidating above a key demand zone after a healthy pullback. Price action shows higher lows, indicating buyers are still in control.
Support Zone:
• $3,260 – $3,280 → Major intraday demand & pullback support
• As long as price holds above this zone, bullish bias remains valid
Resistance / Targets:
• $3,340 – First resistance (recent intraday high)
• $3,380 – Short-term breakout target
• $3,420 – $3,450 – Major upside liquidity zone
Indicators Outlook:
• Momentum remains positive on lower timeframes
• Volume is stable, suggesting accumulation rather than distribution
• No bearish divergence confirmed at current levels
Trade Plan (Long):
• Entry: $3,280 – $3,300 (pullback preferred)
• Targets: $3,340 → $3,380 → $3,420+
• Stop Loss: Below $3,240 (structure invalidation)