🔥 $ETH Bullish with consolidation signs
Price Action Context: Recent rejection at 3346.7 (24h high) forming minor resistance
Higher lows established since 3294.5 (24h low)
Bull flag pattern developing on 1h timeframe
Volume spike during upward moves confirms genuine buying interest
Recent 1h candles show declining volume during consolidation, suggesting potential breakout imminent.
Capital Flow: Strong net inflows across multiple timeframes (1H: 402M, 4H: 349M USDT) indicate institutional accumulation. Notable 3D outflow (-903M) suggests some profit-taking but overall trend remains positive.
Entry long $ETH :
Preferred: Break above 3345.6 (Resistance level) with volume confirmation
Alternative: Pullback to 3315-3320 zone (MA5 confluence) with RSI reset
Stop Loss: 3275 USDT (below support and MA20)
Target Levels $ETH :
Primary: 3362.2 (resistance level)
Secondary: 3380-3400 zone
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KDJ overbought conditions suggest waiting for either breakout confirmation or healthy pullback.