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【$ETH Signal】Long | Volume and Price Rise Together to Break Out of Consolidation
$ETH Breaks out of the consolidation range with volume and price moving in sync, with open interest rising simultaneously, indicating that institutional funds are entering rather than short sellers stepping on the brakes.
🎯 Direction: Long
🎯 Entry: 2915 - 2925
🛑 Stop Loss: 2880 ( Rigid Stop Loss )
🚀 Target 1: 2980
🚀 Target 2: 3050
After the price completes a healthy reset above the key support level and volume pushes higher, the increase in open interest confirms the establishment of a new bullish position. The market shows continuous absorption of selling pressure, with limited pullback and no damage to the upward structure. As long as the price remains above the breakout zone, upward momentum will continue.
Trade 👇 $ETH
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