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【$ETH Signal】Long + Volume and Price Breakout Confirmation
$ETH Volume breakout above 3000, a key psychological level. Price action shows continuous absorption by buyers, with clear signs of short covering. Open interest and price rise in sync, indicating healthy main force entry.
🎯 Direction: Long
🎯 Entry: 3005 - 3020
🛑 Stop Loss: 2950 ( Rigid Stop Loss )
🚀 Target 1: 3120
🚀 Target 2: 3250
$ETH Successful breakout above 3000 with a 3.25% increase, accompanied by over 10 billion in trading volume, signaling strength. Open interest increases in tandem, ruling out false breakouts caused solely by short covering. Price did not quickly fall back after the breakout, indicating full absorption by buyers. Market sentiment has shifted from hesitation to follow-through. Stop loss is set below the previous breakout point, offering a favorable risk-reward ratio.
Trade here 👇 $ETH
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