⚡ $ETH Momentum Shift: Breakout Confirmed or Bull Trap?
$ETH just surged past a critical multi-week resistance level with strong buying volume.
📊 What the Data Shows:
• Open Interest (OI) is rising rapidly, signaling institutional interest.
• RSI shows strong momentum without reaching overbought territory yet.
• Next major resistance sits higher up, leaving a clean liquidity gap.
💡 Game Plan: I am watching for a healthy retest of the breakout zone to enter a long position. If price fails to hold the retest, expect a temporary pullback.
👇 Did you jump into this breakout or are you waiting for the retest?
$ETH $BTC
$ETH just surged past a critical multi-week resistance level with strong buying volume.
📊 What the Data Shows:
• Open Interest (OI) is rising rapidly, signaling institutional interest.
• RSI shows strong momentum without reaching overbought territory yet.
• Next major resistance sits higher up, leaving a clean liquidity gap.
💡 Game Plan: I am watching for a healthy retest of the breakout zone to enter a long position. If price fails to hold the retest, expect a temporary pullback.
👇 Did you jump into this breakout or are you waiting for the retest?
$ETH $BTC