📈 Ethereum aims for $3,760 if it breaks $2,800
ETH is close to breaking out of an ascending triangle, a bullish structure that combines higher lows and horizontal resistance at $2,800. If the price breaks with volume, the technical target is $3,760, calculated by adding the height of the pattern to the breakout level. First, ETH will need to surpass $3,300 (2D POC), a key zone.
However, be cautious: a break below $2,460 would open the way for a correction towards $2,100–$2,000. This movement could represent a “reset” phase, useful for unloading late longs and accumulation by whales.
As long as ETH remains within the triangle with higher lows, the bullish scenario remains valid.
👁️🗨️ Breakout + volume = confirmation.
Without volume, there's a risk of a fake-out.