Given the bullish CH, the breakout of the trendline, and the formation of a support zone, it appears that this token is aiming to move toward the targets marked on the chart.
Additionally, a double bottom pattern is visible at the lows, and higher lows have been recorded for this asset.
A daily candle closing below the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#BTCvsETH #ETHBreaks3700 #StablecoinLaw #NFTMarketWatch #StrategyBTCPurchase