🚨 Trade Alert: $ETH /USDT 🚨
📉 Pattern: Perfect Descending Triangle Breakout
📈 Entry Price (CMP): 3,430
🚫 Stop Loss: 2,950
💰 Take Profit: 4,000
🔍 Analysis:
ETH/USDT has successfully broken out of a descending triangle pattern, signaling a strong bullish move ahead. This breakout indicates increased buying pressure, which could push the price towards the next resistance levels. If momentum sustains, ETH could potentially reach the $4,000 target
⚠️ Risk Management:
To manage risk effectively, we’ve set a stop loss at $2,950 to minimize downside exposure. Always follow proper risk management and position sizing based on your portfolio strategy.
This is a trade idea, do your own analysis before making any decisions.
Happy Trading! 🚀💹
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