$ETH
ETH/USDT daily chart shows a potential breakout setup from a falling wedge pattern, a bullish reversal structure. Ethereum is gaining momentum above moving averages and preparing for an upward trajectory.
Falling wedge: The price is consolidating within a descending wedge, indicating a potential bullish breakout.
Support: Around $2,800-$3,000 (wedge lower boundary).
Resistance: Near $3,600 (wedge upper boundary).
Moving averages: The price is climbing above the 100-day MA, which provides additional bullish confirmation.