Is Ethereum Set to Rally? 📈
Ethereum is trading near the lower boundary of an upward trend channel, with $3,500 acting as a strong support level. This intersection offers a potential buying zone for traders anticipating a breakout. To minimize risk, it’s wise to wait for confirmation through bullish reversal patterns and set a stop-loss just below recent support. Proper position sizing can help manage volatility as ETH edges closer to a potential surge. What’s your take—will it break higher or pull back?
