Ethereum on the RiseThe ETH/USD chart shows a price increase following a consolidation phase. A strong support zone has been identified, which helped halt the previous price decline.
📊 Conclusion:
The support level around $3,045 appears to be quite reliable. If this trend continues, ETH has a good chance to rise further toward the outlined targets.
🟢 Buy Zone:
$3,100 - $3,200
🎯 Take-Profit Targets:
1️⃣ TP1: $3,643
2️⃣ TP2: $4,169
3️⃣ TP3: $4,977
🛑 Stop-Loss:
$3,045
🔝 Entry Idea:
Risk/Reward = 4.5:1