😱💰 Ethereum: Between the Greed of Breakout and the Fear of Trap! 🔮
ETH is trading near $3,666 after a fierce rise from ~ $2,800. The momentum is present… but will it continue or tire out? 🤔
📐 Potential Patterns:
🏁 Bullish Flag Technically Broken → Target $3,834.
❗ Last Doji Candle = Buyers' Hesitation.
🔻 Consolidation Tending to Triangle: Support $3,610–$3,550 against Resistance $3,800+.
🎯 Levels to Monitor:
🔥 Confirmed Break Above $3,834 may open the way to $4,000–$4,100.
⚠️ Clear Break Below $3,550 increases the likelihood of correction towards $3,480 and possibly deeper.
🛡️ Risk Management Idea: Gradual Entry on Retracements with a Stop Below the Defensive Zone.
👇 What’s your plan? Chasing the breakout? Buying at support? Or waiting for volume confirmation? Share with me so we can adjust a strategy that suits you! 💬📊
