@blackrooted

ETH Current Price: $3,083 Ethereum has recovered strongly after the sharp drop near $2,750, forming a V-shaped breakout pattern. Price is now testing a key resistance around $3,090 $3,120, which previously acted as a rejection zone. Momentum looks bullish, but ETH is now approaching a decision point. Outlook • Bullish Bias, as long as ETH holds above $2,980. • A confirmed breakout above $3,120 could trigger continuation toward $3,180–$3,250. 🎯 Scenarios ✔️ Bullish Case: Break and close above $3,120 → next targets: 👉 $3,180 → $3,250 ❌ Bearish Rejection: If ETH gets rejected and falls below $2,980, likely retest of: 👉 $2,900 → $2,820 ⚠️ Market Sentiment Current structure shows strength, but the resistance area may trigger profit-taking watch for volume confirmation before the next leg up.

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