Ethereum Breaks Into Right-Angle Broadening Formation 🔥💥

$ETH

— 4,221.26 (+6.49%)

$ETH USDTPerp — 4,220.16 (+6.67%)

Hey everyone 👋,

Ethereum’s latest chart action has confirmed a Right-Angle Broadening Formation — a bullish setup that’s hard to ignore.

Pattern Overview

This formation features a flat resistance zone between $4,200 – $4,300 paired with a steadily rising trendline at the bottom. In simple terms: ETH keeps making higher lows while hammering the same ceiling, building pressure for a potential explosive breakout.

📌Why It Matters

Historically, this pattern leans bullish. The horizontal top serves as the breakout trigger, while the rising base shows buyers are stepping in aggressively at higher and higher prices.

👇Projected Targets

▪️Using the measured move principle:

▪️Height: $2,070

▪️Breakout Zone: $4,300

▪️First Target: $6,370

🚦Extended Bull Run Target: $8,500 if momentum holds strong

▪️Key Price Levels

▪️Resistance: $4,200 – $4,300

▪️Support: $3,700, then $3,200

▪️Bullish Setup

If ETH closes a daily candle above $4,300 with solid volume, we could see a quick sprint to $6,370 — maybe with a small pause around $5,100 before pushing higher.

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