🚨 VIP Market Update: Ethereum ( $ETH ) on the Verge of a Breakout!
Ethereum is showing signs of a potential major move as it forms an ascending triangle — a classic bullish pattern. The price is currently tightening between rising support near 1,630 and resistance around1,660–1,680.
🔍 What It Means:
This pattern suggests that bullish pressure is building. Buyers are stepping in at higher levels, while sellers are holding the line just below1,680. This type of consolidation often leads to a breakout — and it’s just a matter of which side gives in first.
📈 If ETH breaks above resistance with strong volume, it could spark a powerful rally.
📉 If price drops below the rising trendline, a short-term correction or sell-off may follow.
🧠 Traders’ Tip: Watch for volume confirmation on any breakout. The next move could be big.
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