A compelling bullish setup is forming on the ETHUSDT chart. The recent price action has resulted in a classic flag pattern, characterized by a sharp upward move followed by a period of consolidation within a descending channel. This pattern often precedes a significant breakout to the upside. As the price approaches the upper boundary of the flag, a decisive break could trigger a substantial rally, potentially pushing ETHUSDT to new all-time highs. However, as with any trade, it's crucial to implement a robust risk management strategy, including a well-defined stop-loss order, to protect potential profits.
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