Ethereum (ETH/USDT) : Key Levels & Breakout Potential
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Ethereum (ETH/USDT) signals bullish momentum with notable technical patterns aligning :
- Symmetrical Triangle : Resistance at $3,442.50, support at $3,069-$3,220. Breakout target: $3,500-$4,000.
- Cup and Handle : Pattern forming; breakout above $3,442.50 targets $3,800-$4,000.n
- Inverse Head and Shoulders : Neckline at $3,220-$3,442.50. Confirmation could push prices to $3,600-$3,800.
- Bullish Flag : Resistance confirmation at $3,442.50 points to $3,600-$3,800.
**Support Levels**: $3,069-$3,220, $2,962-$2,817, $2,500.
**Resistance**: $3,442.50, then $3,500-$4,000.
**Momentum**: MACD hints at consolidation; RSI near overbought.
Advice :
Watch for a breakout above $3,442.50 with volume. Set strategic stop-losses at key support levels to mitigate risks.