ETH Eyes $3,000: Bullish Breakout Signals More Gains Ahead
2024-11-08

BINANCE:ETHUSDT   has recently broken out of a descending channel, surging above the 2,900 USDT level. This breakout suggests a strong bullish momentum, with the price now targeting higher resistance levels.

The next key area to watch is the support zone around 2,800 USDT (highlighted in purple). If ETH pulls back and successfully retests this zone, it could confirm the breakout and set the stage for another upward move, possibly toward the 3,000 USDT mark or higher.

This setup indicates a bullish outlook for ETH, with the support level at 2,800 USDT acting as a potential entry point for traders looking to capitalize on the next leg up.
