ETH Breaks Through Key Area: Bulls Targeting the Square Zones

Ethereum has demonstrated a powerful recovery thrust, establishing a clear bullish breakout pattern that positions the coin for sustained upside momentum. The recent breakthrough above critical support has set the stage for a multi-phase advance, with traders now closely watching the strategic price areas that could determine the near-term trajectory.

Critical Support Area Holding Strong

The current price action reveals that ETH ($2.12K, +1.05% in 24H) has successfully reclaimed above a vital support area that previously constrained price movement. This is far more than a simple bounce—it represents the bulls reasserting control after a tactical pullback. The structure suggests that as long as the price remains anchored above this key foundation area, the probability of continuation toward higher square zones intensifies significantly. This support area functions like a digital square foundation, where bulls have taken their stand to launch the next leg higher.

Price Targets in the Upper Resistance Areas

The technical setup points toward two critical area zones where resistance should be anticipated. The first target lies in the 3,160 area, a previously established structure zone that acted as both support and resistance. Should the rally maintain its momentum through this square, the next significant resistance area emerges around the 3,350 level, where concentrated selling pressure is likely to emerge. Each of these area zones represents potential consolidation points, but the broader trend structure suggests they will likely be tested and surpassed.

Momentum Dynamics and Key Levels

The bullish impulse has established new higher lows, a pattern that typically precedes extended rallies. The breakout above the pattern structure is the pivotal signal—it confirms that bulls are in command of the price discovery process. Key support area now sits at the recent breakout point, while resistance manifests at the aforementioned target areas. Traders should monitor how price behaves when approaching these square-shaped resistance zones, as they often provide crucial decision points for continuation or consolidation.

The technical landscape favors continued upside exploration, provided ETH maintains its footing above the key support area. Both the reversal pattern completion and the recent breakthrough suggest the structural foundation is solid for further advance.