ETH / USDT
📉 Price: $2608
📦 Formation: Narrowing triangle → close to breakout
📅 Consolidation range: since mid-May
🔍 Technical Picture
🔼 A narrowing triangle is forming — pressure to break out.
🟣 MA7 / MA25: $2588 / $2584 — price is above both moving averages.
🔵 MA99: $2203 — global support.
📈 Breakout target upwards: $3300 (+25%)
🛡 Support
🔹 $2580 – MA sections, lower zone of the range.
🔹 $2450 – uptrend line, critically important.
⚠️ Risks
❗️ False breakout upwards — possible return to the channel.
⚠️ Downward breakout potential remains with low volume.
⛔️ Drop below $2450 — cancellation of the bullish scenario.
🎯 Potential
🎯 Breakout target: $3300
🚀 Growth potential: +25%
📊 Volume confirms upward pressure — waiting for impulse.
📌 Conclusion: ETH is on the verge of breaking out of the range. Upward breakout gives a strong impulse with a target of $3300. Support is reliable, risks are manageable with a stop below $2450.
