๐๐ง๐ ๐๐ฆ๐๐๐ก๐๐ฆ: ๐๐ฟ๐ฒ๐ฎ๐ธ๐ผ๐๐ ๐๐ฏ๐ผ๐๐ฒ $๐ฎ,๐ด๐ฌ๐ฌ ๐ ๐ฎ๐ ๐ง๐ฟ๐ถ๐ด๐ด๐ฒ๐ฟ ๐ฅ๐๐ป ๐๐ผ $๐ฏ,๐ฎ๐ฌ๐ฌ
โ Ethereum Forms Bullish Ascending Triangle
ETH is consolidating between rising support and horizontal resistance near $2,800, forming an ascending triangle โ a classic bullish setup that often leads to breakouts.
โ RSI Signals Momentum Shift
The RSI recently moved above 40, showing a rebound in buying pressure. Traders view this as an early sign of strength returning to ETH.
โ $3,200 Target in Sight
If ETH breaks past the $2,800 resistance, the pattern projects a potential move toward $3,200, based on the triangleโs height.
โ Current Price Action
Ethereum is trading around $2,565, bouncing along the rising trendline โ a sign of persistent buying interest and bullish intent.
โ Volume Confirmation Needed
Traders await strong volume during the breakout to validate the move. Until then, ETH remains in a consolidation phase.
โ Watch These Key Levels
Resistance: $2,800
Support: Rising trendline near $2,550
Target (after breakout): $3,200
โก๏ธ Bullish scenario: Breakout and close above $2,800 = upside trigger
โก๏ธ Bearish scenario: Rejection at resistance = possible dip to support
