Ethereum (#ETH) is currently trading within a descending channel, showing potential for a trend reversal near a key support zone. The chart suggests a possible bullish breakout if price successfully breaks above the descending resistance.
Primary Entry: $2,400 - $2,500, near key support.
Breakout Confirmation: Enter on a successful break above $3,324 for a safer bullish trade. 🔹 Target Levels:
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Ethereum ($ETH/USDT) Analysis
Ethereum (#ETH) is currently trading within a descending channel, showing potential for a trend reversal near a key support zone. The chart suggests a possible bullish breakout if price successfully breaks above the descending resistance.
Primary Entry: $2,400 - $2,500, near key support.
Breakout Confirmation: Enter on a successful break above $3,324 for a safer bullish trade.
🔹 Target Levels:
T1: $3,324.81
T2: $3,775.66