[ETHEREUM BREAKOUT WATCH]
ETH/USDT – $2,048 and Climbing!
The breakout is real — Ethereum has decisively pushed above the major resistance zone around $1,880, confirming a clean break from the descending trendline that held it down for weeks.
What This Chart Tells Us:
Descending trendline has been broken and retested – bullish confirmation
Strong base formed at $1,530 - $1,754, showing solid accumulation
Price action is now targeting the $2,400 - $3,600 zone highlighted in yellow – the next major supply area
Volume is rising, and momentum is shifting bullish fast. If ETH holds above the breakout zone, we could be looking at a parabolic move toward $3,000+.
My Take:
This looks like the early stage of a powerful uptrend. The longer ETH consolidates above $1,880, the stronger the next leg could be. Stay sharp — dips may be golden entries.
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