$ETH /USDT – Ascending Triangle Breakout Targeting $3,200+
Ethereum is breaking out from an ascending triangle pattern, posting a +1.61% move with $1.77B in volume—clear signs of institutional buying pressure. It’s pushing above the key $3,040 resistance zone, backed by a bullish daily RSI at 65, still below the overbought threshold.
📈 Entry Zones:
• Aggressive: $3,040–$3,060
• Conservative: Wait for a retest near $2,980–$3,000
🎯 Targets:
• TP1: $3,100
• TP2: $3,200
• TP3: $3,350
🛡️ Stop Loss: Below $2,950 support
Additional signals are flashing bullish: OBV is rising, a potential bull flag is forming on the 4H chart, and a 1H close above $3,065 would confirm breakout strength. Meanwhile, the ETH/BTC ratio is ticking up—a classic sign of a brewing altseason.
⚠️ Risk Management: Stick to 1–2% risk exposure. Alts may rotate quickly—stay sharp.
Trade here 👉🏻 $ETH
Ethereum is breaking out from an ascending triangle pattern, posting a +1.61% move with $1.77B in volume—clear signs of institutional buying pressure. It’s pushing above the key $3,040 resistance zone, backed by a bullish daily RSI at 65, still below the overbought threshold.
📈 Entry Zones:
• Aggressive: $3,040–$3,060
• Conservative: Wait for a retest near $2,980–$3,000
🎯 Targets:
• TP1: $3,100
• TP2: $3,200
• TP3: $3,350
🛡️ Stop Loss: Below $2,950 support
Additional signals are flashing bullish: OBV is rising, a potential bull flag is forming on the 4H chart, and a 1H close above $3,065 would confirm breakout strength. Meanwhile, the ETH/BTC ratio is ticking up—a classic sign of a brewing altseason.
⚠️ Risk Management: Stick to 1–2% risk exposure. Alts may rotate quickly—stay sharp.
Trade here 👉🏻 $ETH
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ETH
3,616.11
+4.27%