"Weekly $ETH Chart: Rising Wedge Breakout with Big Targets Ahead!"

Hello Binance Square community! 👋

Ethereum’s weekly chart is looking bullish after a Rising Wedge Breakout. Here’s my analysis of the potential targets:

📊 Key Observations:

1️⃣ Breakout Confirmed: Ethereum has broken out of the rising wedge pattern with strong momentum.

2️⃣ First Wedge Target: $2,904.14.

3️⃣ Second Wedge Target: $3,124.43.

4️⃣ Maximum Targets:

First Max Target: $4,479.66.

Second Max Target: $5,739.79.

🚀 Why This Matters:

The breakout from the rising wedge suggests a continuation of the bullish trend. As Ethereum approaches its wedge targets, it’s likely to gain momentum toward the maximum levels if market sentiment remains strong.

🔍 What to Watch Next:

Ethereum needs to maintain its bullish trajectory to reach $4,479.66 and beyond.

Volume confirmation will be crucial to sustain the upward momentum.

📌 See the attached chart for a detailed breakdown of the targets.

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What’s your price target for ETH in the coming weeks? Let’s discuss in the comments below! 💬