Price Action & Pattern
ETH is currently consolidating within a symmetrical triangle (4H timeframe), typically a sign of pending strong move. A breakout above $2,650–$2,750 may trigger an upward push to around $3,000 .
Alternatively, a breakdown could send the price toward the $2,100–$2,375 support area .
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🔍 Key Levels
🔹 Resistance zones: $2,650–$2,750 (triangle top) – breakout above opens path to $3,000
🔹 Support lines: Immediate support at $2,375–$2,400; stronger support near $2,100
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📊 Indicator Review
RSI (4H): ~52 – neutral, with slight bullish potential
MACD: Bullish crossover on 4H, signaling rising momentum
Volume: Recent lower volume supports consolidation; accumulation signs present
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✅ Outlook & Targets
Scenario Trigger Level Target Price
Bullish Breakout Above $2,650–$2,750 $3,000–$3,300
Bearish Breakdown Below $2,375 $2,100–$2,200
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⚠️ Risk Management
Stop-loss: Below $2,375
Profit targets: Exit partial gains at $3,000, extend to $3,300 if breakout confirmed
Watch for: Triangle breakout direction before fully committing
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✅ Summary
ETH is coiling inside a symmetrical triangle on 4H. A breakout above $2,650–$2,750 could spur a rally to $3,000, possibly up to $3,300. Support holds at $2,375–$2,400, with a bearish risk toward $2,100–$2,200 if broken.
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Great insights on Ethereum’s 4H technicals. Your breakdown of the triangle consolidation was very clear. And noting how ETH may target resistance near $3,950 helps set expectations. The inclusion of btc price dynamics added excellent context.
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