Ethereum (ETH/USDT) : Falling Wedge Signals a Potential Long Opportunity 📈

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Key Analysis :

Pattern Identified : Falling Wedge
Current Sentiment : Bullish breakout expected


Target Levels :
Immediate Resistance : $3,300
Major Resistance : $3,600
Support Zone : $3,150

Market Outlook :
The Falling Wedge pattern on Ethereum's chart suggests that a bullish breakout is imminent. Historically, this pattern often leads to upward momentum as sellers lose strength. A breakout above the wedge could push ETH toward key resistance levels at $3,300 and $3,600.


Resistance Levels to Watch :
$3,300 : First target after breakout
$3,600 : Key level for extended bullish momentum

Conclusion :
Ethereum is poised for a potential upside move as the Falling Wedge pattern plays out. Be prepared to enter long positions upon confirmation of a breakout above the wedge resistance.


Pro-Tip :
Wait for a clear breakout above the wedge before entering.
Monitor volume spikes during the breakout for confirmation.

Advice to Investors :
Align this trade with your strategy and risk tolerance. Use a tight stop-loss below $3,