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$ETH / USDT – Momentum Breakout Zone
ETH just made a strong impulsive push from the 2,920 area straight into 3,000 resistance. That’s a momentum candle, not random chop.
📊 Structure Read (15m):
• Breakout from range
• Strong bullish momentum
• Now testing psychological level $3,000
🟢 Bullish Scenario (Continuation)
If ETH holds above 2,960–2,970:
Entry Zone: 2,965 – 2,980
Targets:
• 3,020
• 3,050
• 3,080
SL: Below 2,940
Momentum candles like this often give one more leg up after a small pullback.
🔴 Bearish Scenario (Fake Break)
If price rejects hard from 3,000 and loses 2,950:
Downside targets:
• 2,920
• 2,880
📈 Key Point:
3,000 is psychological resistance. Break & hold above = continuation. Reject = pullback.
⚠️ Don’t chase green candles — wait for pullback entries.
#ETH #ETHUSDT #Ethereum #CryptoTrading #BreakoutSetup