$ETH

🧠 Chart Analysis Summary:
This chart suggests a bullish continuation is likely for ETHUSDT based on the current market structure and visual cues:

🔍 Key Observations:
Current Price Zone:
Trading around $2,574, inside a consolidation range (highlighted blue box).

Strong Supply Area Identified:
Around $2,335.93 (marked in purple) – acted as a solid demand/support zone fueling the current move.

Breakout Box:
The price is forming a rectangle pattern, indicating accumulation or consolidation before a breakout.

Bullish Projection Arrows:
Two projected paths show:

Minor dip toward the supply area followed by a bullish breakout 🚀.

Immediate breakout from the box towards resistance levels.

🎯 Target Levels:
First Target: 🟣 $2,918.70 – “possible next move”

Second Target: 🎯 $3,006.40 – strong resistance zone

đŸ§© Conclusion:
This setup suggests ETH may be preparing for a breakout from the consolidation zone. If bulls maintain control, we could see a rally towards $2,918 - $3,006 in the coming weeks.

Risk Tip: Watch for a fakeout if price dips below the consolidation range — especially near the $2,335 area.

🧠 Trading Tip:
Use volume confirmation and candle closes above the box to validate the breakout! 📊

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