Breakdown happened now we will wait the price surges below $3.50 then we open the position short and the first tp is $3.46 then next $3.42 if it reverse then we open long position
Cryptohamid
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Bullish
What do you guys have think about it 🤔
Kya aap bhi wahi sonch rahe hai jo mein sonch raha hun🧐
$GAS /USDT (15-minute timeframe) shows a symmetrical triangle pattern forming — a classic consolidation structure after a strong upward move. Here's a breakdown:
🔍 Pattern Analysis: Symmetrical Triangle
Price Range: Tightening between higher lows and lower highs.
Previous Trend: Strong bullish rally from ~$3.27 to $3.64.
Current Price: ~$3.54, just above the lower trendline.
📈 Possible Next Move
✅ Bullish Scenario (More Likely)
If GAS/USDT breaks above the triangle (above ~$3.58), the price could rally toward:
Immediate target: ~$3.75–$3.80
Extended target: ~$4.00 (measured move based on triangle height)
🔹 Why bullish bias?
Strong prior momentum
Consolidation at the top (bullish continuation pattern)
Still trading above the support trendline
❌ Bearish Scenario
If price breaks below the triangle (~$3.50 or below), expect:
Support at: $3.42 and then $3.34
Stop loss for bulls would be under $3.42
📊 Recommendation
Wait for breakout confirmation (either above $3.58 or below $3.50)
Volume spike will likely confirm the direction
Ideal trade:
Buy breakout with volume above $3.58
Stop loss: ~$3.49
Target: $3.75 – $3.95+ don't forget to like share and comment follow for more @Cryptohamid #ETHBreaks3700 #StablecoinLaw #CryptoMarket4T #GENIUSAct #AltcoinBreakout
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