$ETH /USDT – Ascending Triangle Breakout Targets $3,200+
Ethereum is breaking out from an ascending triangle, surging +1.61% with $1.77B in volume, signaling strong institutional momentum.
It’s pushing past the key $3,040 resistance, supported by a bullish daily RSI at 65—with room to run before overbought.
Traders can look for aggressive entries between $3,040–$3,060 or wait for a safer retest at $2,980–$3,000.
Profit targets lie at $3,100, $3,200, and $3,350, with a stop loss below structure at $2,950.
OBV is rising and a bull flag is forming on the 4H chart, pointing to continuation.
A 1H close above $3,065 confirms breakout strength.
ETH/BTC ratio is climbing typically a key trigger for altseason. Keep risk capped at 1–2%, and prepare for rotation into alts.
Trade here 👉🏻 $ETH
