Ethereum Just Broke Out! Is $4,000 Next?

Looking at the chart, ETH had a solid bounce from the key support zone around $1,992 to $2,145.
After consolidating, ETH broke above the critical resistance zone between $2,600 and $2,822 last week.

And more importantly – ✅ Last week’s candle closed firmly above this zone, backed by strong volume.
This was one of the most difficult resistance areas in recent months – and now that ETH has broken it, it’s a clear confirmation that the bullish trend is continuing.

🎯 [SCENARIOS TO WATCH]

📌 With this breakout confirmed, ETH is now targeting the next major resistance between $3,100 and $3,750.
If that area gets cleared, we could see a move toward the psychological level of $4,000.

📌 However, if ETH faces rejection at $3,100 – we may see a pullback to retest the breakout zone around $2,822 – $2,662 before another leg up.

📈 [VOLUME & RSI CHECK]

RSI is currently neutral and has room to climb – a good sign for further upside

Volume on the breakout was strong, confirming that smart money is stepping back in

🎙️ [WRAP-UP – STRATEGIC TAKEAWAY]

So here’s the bottom line:

✅ ETH successfully broke out of the $2,600–$2,822 resistance zone
✅ Weekly candle closed strong with high volume
✅ Uptrend looks ready to continue

🎯 Short-term target: $3,100 – $3,750
🎯 Long-term breakout target: $4,000+
📌 Support zone to watch: $2,822 – $2,662 (for potential retest)

⚠️ Disclaimer: This is just my personal analysis – not financial advice.
Always do your own research and manage risk properly!

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