📈$ETH (4H)
Analysis:
ETH looks poised for a breakout as it nears two descending trendlines. If the price breaks above these lines, that could signal strength. Additionally, keep an eye on the internal trendline that acts as short-term resistance. A breach here could further bolster the bullish case.
Price Targets:
A successful breakout could push ETH towards the $2,700 to $2,950 range. Initially, look for it to overcome the internal resistance around $2,400. Bullish momentum might then drive it to $2,700 and eventually $2,950.
