$ETH structure is straightforward here — we're sitting under resistance at $2,823, which is the first test. That's your immediate overhead level. If price clears it with volume and holds it as support on a retest, you've got confirmation to look higher.
Next targets are $3,230 and $3,638. The $3,230 level represents an 18.6% move from current price, while $3,638 is a 33.6% extension — both projections assume we break and hold above $2,823 first. These aren't random numbers, they're structural targets based on prior resistance zones and measured moves.
Invalidation is simple: if $ETH fails at $2,823 and loses the local low, the setup is off. You're trading the breakout, not the hope. Wait for the level to break, confirm the flip, then manage risk from there. No guessing — let the chart show you the structure, then act.
Next targets are $3,230 and $3,638. The $3,230 level represents an 18.6% move from current price, while $3,638 is a 33.6% extension — both projections assume we break and hold above $2,823 first. These aren't random numbers, they're structural targets based on prior resistance zones and measured moves.
Invalidation is simple: if $ETH fails at $2,823 and loses the local low, the setup is off. You're trading the breakout, not the hope. Wait for the level to break, confirm the flip, then manage risk from there. No guessing — let the chart show you the structure, then act.
