After a strong bullish rally, ETHUSDT may be ready for a short-term correction. The price has broken a key structure and is now trading well above previous resistance.
I'm expecting a potential pullback into the Fair Value Gap (FVG) area around $3,200, which also aligns with a retest of the previous resistance now turned support. If this level holds, it could act as a springboard for the next bullish leg, possibly targeting the $4,000+ region.
This setup follows a typical market behavior where price fills imbalance zones before resuming its trend.
Key levels:
Support zone: $3,200 – $3,300
Bullish continuation target: $4,000 – $4,400
Let’s see how price reacts at the FVG zone. Patience and discipline are key.
I'm expecting a potential pullback into the Fair Value Gap (FVG) area around $3,200, which also aligns with a retest of the previous resistance now turned support. If this level holds, it could act as a springboard for the next bullish leg, possibly targeting the $4,000+ region.
This setup follows a typical market behavior where price fills imbalance zones before resuming its trend.
Key levels:
Support zone: $3,200 – $3,300
Bullish continuation target: $4,000 – $4,400
Let’s see how price reacts at the FVG zone. Patience and discipline are key.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.