Ethereum Targets Breakout Above $3,583
Ethereum (ETH/USDT) is trading at $3,420.84, up +2.89%, forming a cup-and-handle pattern, a bullish signal. Key resistance at $3,583.36 marks the breakout level, with potential upside to $4,000 if cleared.
A short-term pullback to the $3,014–$2,831 support zone (handle phase) is possible before a breakout. Moving averages support the bullish trend, as ETH remains above key levels.
Traders should watch for a high-volume breakout above $3,583 for confirmation, as Ethereum shows strong potential for further gains in the near term.
A short-term pullback to the $3,014–$2,831 support zone (handle phase) is possible before a breakout. Moving averages support the bullish trend, as ETH remains above key levels.
Traders should watch for a high-volume breakout above $3,583 for confirmation, as Ethereum shows strong potential for further gains in the near term.
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