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$ETH / USDT – Momentum Breakout Area
ETH has made a strong move from the 2,920 area straight to the 3,000 resistance. This is a momentum candle, not random fluctuations.
📊 Structure Reading (15m):
• Breakout from the range
• Strong bullish momentum
• Now testing the psychological level of $3,000
🟢 Bullish Scenario (Continuation)
If ETH holds the 2,960–2,970 level:
Entry Area: 2,965 – 2,980
Targets:
• 3,020
• 3,050
• 3,080
Stop Loss: Below 2,940
Momentum candles like this often give another push after a small pullback.
🔴 Bearish Scenario (False Breakout)
If the price strongly rejects from 3,000 and loses 2,950:
Lower Targets:
• 2,920
• 2,880
📈 Key Point:
3,000 is a psychological resistance. Breakout and hold above = continuation. Rejection = pullback.
⚠️ Do not chase green candles — wait for entry opportunities after pullbacks.
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