$ETH / USDT Technical Update

Ethereum is currently trading within a rising channel on the 4H timeframe, showing signs of bullish continuation. The price has recently paused after a strong impulsive move upward, and now it's approaching the lower trendline of the channel near $2765.93.

This area will be crucial to watch. If buyers step in with volume and price action confirms support, it could present a high-probability long entry opportunity.

🔹 Entry Zone: Around $2765.93 (on bullish confirmation)

🔹 First Target: $2835 – near the top of the channel and recent resistance

🔹 Second Target: $2863 – potential breakout target if momentum sustains

Avoid entering early—wait for confirmation like bullish candles or volume spikes at the lower trendline before taking the trade. A breakdown below the channel would invalidate this setup.

Stay sharp and manage risk wisely.