$ETH /USDT | Ethereum Update 📈

ETH has achieved a significant impulsive breakout above the 3,000 level. The current market structure strongly suggests a buy-the-dip continuation, with clear higher highs and higher lows established.

Trading Plan — LONG

Entry: 3,000 – 3,020

Stop Loss: 2,950 (below the breakout base where continuation structure would fail)

Targets: 3,080 → 3,150 → 3,250

Technical Analysis 🧐

The price action has shown decisive expansion from consolidation, reclaiming prior value with strong follow-through and minimal supply remaining. The current pause below 3,060 appears shallow and corrective, indicating acceptance rather than rejection. Momentum remains constructive, with no immediate signs of distribution at the recent highs.

This bullish thesis is valid as long as ETH holds above 2,950 on a 4-hour close. A decisive break below this level would invalidate the continuation pattern and revert the bias to range-bound behavior.

Overall Bias 🐂

The bias remains constructive. Focus on buying pullbacks into demand zones with clearly defined risk parameters; avoid chasing strength.

Trade ETH on Binance 👇

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