#Ethereum just printed a Double Bottom on the 30-mins chart โ a potential short-term trend reversal setup forming around the $2,720โ$2,750 zone ๐ข
๐ Price took a hit from $2,880 but is now showing strength after:
2 clear bottoms formed with rejection near the same support
Breakout forming along a flat neckline at ~$2,770
Bearish momentum fading, buyers stepping in!
โ ๏ธ What to watch next:
Break and hold above $2,765 = confirmation
Immediate targets: $2,790 then $2,820
Support to defend: $2,720 โ invalidates the setup if lost
๐ง Quick Take: If bulls can push past neckline resistance, $ETH could pop quickly. Volatility incoming โ stay sharp!