Is $ETH about to make a big move? Let’s break it down!
#ETH Market Snapshot (Live Check!)
Current Price: $2,652.88
24h High / Low: $2,668.35 / $2,526.56
24h Change: +4.06%
📐 Technical Analysis – Ascending Triangle in Play
ETH is forming an ascending triangle – a bullish continuation pattern. If it breaks above resistance, we could see some serious upward momentum!
But remember: confirmation is key before jumping in.
📈 Long Strategy (Bullish Scenario)
Buy Trigger: On breakout above $2,700 Stop-Loss (SL): $2,600 Take-Profit (TP) Targets: TP1: $2,750 TP2: $2,800 TP3: $2,850 TP4: $2,900 TP5: $3,000
🔻 Short Strategy (Bearish Rejection)
Sell Trigger: If ETH gets rejected and drops below $2,600 Stop-Loss (SL): $2,700 Take-Profit (TP) Targets: TP1: $2,550 TP2: $2,500 TP3: $2,450 TP4: $2,400 TP5: $2,350
🧠 Pro Tip:
Trade with a plan. Patterns offer clues, not guarantees. Always DYOR (Do Your Own Research) and manage risk smartly!
⚠️ Disclaimer: This post is for informational purposes only and does not constitute financial advice. Make decisions based on your own analysis and risk appetite.
