🚀 Hey Binance Square Family! Get Ready — ETH Cup & Handle Brewing! ☕
$ETH is cooking up one of the most bullish patterns in technical analysis on the 4H chart…
Cup & Handle incoming — and it could be a game-changer! 🧠💥
⸻
📊 ETHUSDT Perp
Price: 3,162.87
Change: +5.88%
📈 ETH Spot: 3,164.60 (+5.91%)
⸻
☕ What’s a Cup & Handle?
🔸 Cup: Smooth “U”-shaped recovery after a dip — shows consolidation + renewed buying interest
🔸 Handle: Small pullback before breakout — a tension coil before liftoff 🚀
⸻
🔍 Why This Matters for ETH
✅ Clear pattern forming on the 4-hour chart
✅ Chaikin Money Flow turning green = bullish pressure building
✅ Historic win rate: Cup & Handle often precedes strong upside breakouts
⸻
🎯 Breakout Strategy
1. Breakout Trigger: Watch for candle close above handle high — ideally with volume spike
2. Target: ~$3,187 (depth of cup + breakout level)
3. Stop-Loss: Just below the handle’s low to manage risk 🛡️
⸻
🧠 How to Trade It
📅 Timeframe: Strong on 4H, but intraday traders can track micro-moves
📈 Volume Confirmation: Breakout = real only with rising volume
⚖️ Risk Control: Proper sizing + pre-set stop = smart trading
⸻
💬 Why Square Fam Loves It
🤝 Friendly, no-jargon breakdowns
📚 Learning + community-powered insight
🙌 Culture of support — drop your questions, thoughts, and analysis below!
⸻
🛑 Always Trade Smart
🔍 DYOR: Patterns are tools, not guarantees
💼 Risk Discipline: Plan entries, exits, and stops
🌍 Watch the Macro: Big news can shift technical setups fast
⸻
🔥 TL;DR:
✅ Cup & Handle forming on ETH 4H chart
🎯 Target: ~$3,187
🛡️ Stop-Loss: Just under handle low
📣 Watch for volume-backed breakout
Let’s ride this breakout together — drop your take below & support your fellow Square traders! 📣✨
Trade smart. Trade together. Trade Binance Square.
— Your Binance Square Crew
