🚨 UPDATE $ETH – THE "BULLISH FLAG" PATTERN IS WAITING TO BREAK!

Ethereum ($ETH) has formed a Bullish Flag pattern for the past 43 days – one of the most classic continuation patterns in technical analysis.

📍 Current Situation:

✅ The current ETH price is right at the important support zone of the pattern.

This is the key point to decide whether ETH will:

1️⃣ Breakout strongly upwards, confirming the continuation of the uptrend and opening a new higher target.

2️⃣ Breakdown below, breaking the structure and potentially pulling ETH back to test deeper support zones.

3️⃣ Shakeout – the price swings strongly to force inexperienced Long/Short orders before choosing the main direction.

🎯 Special note for everyone:

Breakout above the Flag: Potential target could be around $3,200 – $3,500.

Breakdown below the Flag: Potential support zone at $2,700 – $2,500 that needs careful observation.

Shakeout potential: Be cautious when setting SL too close to the boundary as it may easily be "swept" before the price chooses the official direction.