$ETH /USDT – Market Overview | Pro Trader View
Ethereum just showed strength with a sharp recovery from 2899 to a fresh 3045 high, followed by a healthy pullback. Price is currently holding near 3008, indicating consolidation after expansion. Volume spiked on the breakout and is now cooling off — a classic reset phase before the next move.
Market Structure
Trend: Short-term bullish, mid-range consolidation
Key Resistance: 3045 – 3055
Key Support: 2985 – 2950
Bias: Bullish above 2985, weakness below 2950
Trade Plan (Momentum-Based)
EP (Entry Price): 2995 – 3010 zone
TP (Take Profit):
TP1: 3045
TP2: 3090
TP3: 3150 (extension if breakout holds)
SL (Stop Loss): 2950
ETH
2,090.83
+1.92%