ETH/USDT – Daily Chart Breakdown

ETH is setting up a classic Head and Shoulders pattern on the daily timeframe — a powerful reversal signal if confirmed. After testing the $2,788 zone, we’re seeing signs of exhaustion, and a potential retest of the neckline could trigger a decisive move.

📌 Watch the neckline closely — a clean break could open the door for a sharp correction.

📌 Alternatively, a fakeout here could trap late shorts and fuel a squeeze toward higher resistance.

Volume is tapering off, and Stoch RSI is curling up from oversold — the market’s loading a move.

Smart money is already positioning. Are you?

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