ETHUSDT – Symmetrical Triangle Breakout & Bullish Continuation S

Oct 16

ETHUSDT is currently forming a symmetrical triangle pattern after a strong bullish leg, indicating consolidation before the next impulsive move.
Price has been coiling between higher lows and lower highs — a classic signal that a major breakout is near.

At the moment, ETH is testing the downtrend resistance line, and buyers are showing strength. A confirmed bullish breakout candle above this line will validate the continuation of the bullish trend.

Market structure remains supportive, with volume gradually increasing — hinting that smart money is accumulating before the next expansion phase.

💡 A successful breakout and retest of the triangle could trigger a powerful rally toward the next major resistance levels.

🎯 Technical Target Levels / Resistance Zones:
First Target: 4,400
Second Target: 4,530
Third Target: 4,710

⚠ Setup Notes:
As long as ETH holds above the triangle base and maintains structure integrity, the bullish bias remains valid.
Any strong bearish close below the lower boundary would invalidate this setup.

🚨 This is not financial advice — always use proper risk management and follow your plan with discipline.

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Oct 17

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