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$ETH : The Calm Before the Storm? 🚀

📊 Ethereum is coiling up inside a symmetrical triangle pattern on the weekly chart, signaling a potential big move ahead.

Symmetrical triangles often result in explosive breakouts, and $ETH might be preparing for its next bull run!

Key Levels to Watch

Current Support Zone: $1,550 - $1,700

Breakout Level: $2,000 (watch for a strong close above this).

Major Targets After Breakout:

1. $4,850 (initial target).

2. $6,000 (medium-term target).

3. $7,500 (long-term potential).

Trading Plan for $ETH

Buy Zone

Ideal Entry: $1,600 - $1,700 (near support).

Breakout Entry: Add positions above $2,000 after confirmation of a breakout.

Targets

1. Target 1: $4,850

2. Target 2: $6,000

3. Target 3: $7,500

Stop Loss

Stop Loss Level: $1,500 (below support to minimize risk).

Next Moves

1. Bullish Case:

A breakout above $2,000 with strong volume could trigger a powerful rally to the targets.

2. Bearish Case:

If price falls below $1,500, the triangle pattern is invalidated, and further downside may occur.

💡 Tips:

Patience is Key: Wait for confirmation of the breakout before adding heavy positions.

Manage Risk: Always use a stop loss and avoid over-leveraging.

Ethereum might be gearing up for the next massive bull run – Are you ready to ride the wave? 🎯

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