ETH/USDT ready to breakdown?? Inverted Cup & Handle

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ETH/USDT
ETHUSDT.P
ETH is up 16.94% since our previous call. Currently, it has formed an inverted cup and handle pattern, which is a strong bearish setup.

If the price breaks below the white line (neckline), the pattern confirms and presents a short opportunity.

On confirmation, we expect a retest of the blue lines below, with a potential maximum target at the yellow line.

However, if the price breaks above the red line, the pattern becomes invalid.

Stay patient, avoid FOMO, and wait for clear confirmation/rejection before taking any position.

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