#ETHRally
📈 Analysis #TIA – Daily Frame
The price is currently at 1.92$ and is approaching a breakout from the downward channel that has been in place since the beginning of 2025.
Chart pattern: Long-term downward channel, and the price is now testing the upper trend line (sloping resistance).
Expected scenario: If the breakout is confirmed and maintains above the level of 2.00$ with good trading volumes, a strong upward wave may begin.
Potential targets after the breakout:
1️⃣ 3.06$ – First major resistance after the breakout.
2️⃣ 5.19$ – Medium target.
3️⃣ 9.02$ – Distant target if the upward momentum continues.
Important support: 1.70 – 1.60$ (failure to maintain it brings the price back inside the channel).
