CBRA V3 Bullish setup for ANETArista Networks, Inc.BATS:ANETA22_CBRAArista Networks (ANET) continues to trade within a broader bullish structure, with recent price action showing a strong reaction from a key demand zone. From a technical standpoint: ▶️ The macro trend remains bullish, with price holding above the 50/100-week EMAs ▶️ A recent pullback brought price into a well-defined support area (previous demand zone), which has historically acted as a base for continuation moves ▶️ This zone is also aligned with the lower Bollinger Band and the 50-week EMA, creating a strong confluence of support ▶️ The latest candles show a sharp bullish reaction from this area, suggesting buyers are stepping back in Momentum context: ▶️ RSI has pushed higher from mid-levels and is now approaching stronger momentum territory, confirming the shift in short-term direction ▶️ The move off the lows is impulsive, not corrective, which typically favors continuation rather than immediate reversal ⸻ 📊 𝐂𝐨𝐧𝐭𝐞𝐱𝐭 This setup reflects a pullback-and-continuation structure within an established uptrend. In simple terms: “Price pulled back into support — and is now showing signs of re-acceleration.” ⸻ 📊 𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥 𝐛𝐞𝐡𝐚𝐯𝐢𝐨𝐫 Looking left: ▶️ Previous pullbacks into this demand zone have led to strong upside expansions ▶️ The trend has consistently respected dynamic support (EMA + volatility bands) ▶️ Reactions from similar levels have produced higher lows and continuation legs ⸻ 🎯 𝐓𝐫𝐚𝐝𝐞 𝐢𝐝𝐞𝐚 (𝐋𝐎𝐍𝐆) This is a trend continuation setup. The idea: ▶️ Position after confirmation of support holding ▶️ Target continuation toward prior highs / expansion range ▶️ Risk defined below the demand zone if structure fails ⸻ 🧠 𝐋𝐞𝐧𝐬 ⤴️ Trend = bullish ⏬ Condition = pullback into support ⤴️ Opportunity = continuation from demand ⸻ Key level to watch: As long as price holds above this demand zone and continues building structure, the path of least resistance remains to the upside. A breakdown would shift the focus toward deeper retracement. Happy pip hunting!