📊 $ETH Technical Outlook – Bullish Flag in Play
Ethereum is currently forming a bullish flag pattern following a strong upward rally — a classic signal for potential trend continuation. The price is consolidating in a downward-sloping structure, typical after a major impulsive move.
🔑 Key Highlights:
• ✅ A clear sequence of Higher Highs (HH) and Higher Lows (HL) indicates a strengthening bullish trend.
• 📐 The flag formation matches textbook bullish continuation characteristics.
• 📈 RSI previously showed bullish divergence, reinforcing the case for resumed upside momentum.
🔸 Outlook:
If ETH forms another higher low and breaks above the flag resistance, a strong move toward the $3,000–$3,500 zone is likely.
