#ETH/USDT Breaks Out! Next Stop: $4,000?

Hey everyone!

If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!

Welcome to this quick ETH update.

A few days ago, I shared that ETH was trading around $2,400 and had strong bounce potential—and it’s been moving right on track. Check out the chart below!

ETH is now trading around the $2,900 level, breaking out of a descending channel on the daily timeframe. A solid 40% move to the upside looks likely, which could bring ETH up to the $4,000 range in the coming weeks.

Entry: $2,750-$2,900
Target: $4,000
Stop Loss: $2,650

What’s your take on ETH’s current price action? Are you spotting this bullish setup too? Share your analysis in the comments, and let’s ride this wave together!
breakoutBullish PatternsChart PatternscorecryptoDescending ChannelETHETHUSDTTechnical IndicatorsTrend Analysis

Also on:

Related publications

Disclaimer