ETH just broke out of a textbook W-pattern — bulls now eye $2,788 as the next major move!

🔍 Chart Pattern & Setup

Pattern Formed: Double Bottom (W-pattern)

Neckline Breakout: Confirmed around $2,557, turning into support

Retest: Small consolidation above breakout zone suggests successful retest

Volume Spike: Increased volume during breakout = strong confirmation

Measured Move Target: Around $2,788 (highlighted with blue arrow)

📈 Bullish Bias Justification
Strong recovery from the bottom zone around $2,460

Bullish structure with higher highs and higher lows post-breakout

Clean invalidation below $2,557 zone
🎯 Levels
Entry: Around $2,610 (current market price)

Support (Invalidation): $2,557

Target: $2,788

R:R Ratio: Excellent potential (~3:1