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ETH >>> Inverse Head & Shoulders Breakout Sets Stage for Rally

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Hello guys!

Ethereum has formed a textbook inverse head and shoulders pattern on the 15-minute timeframe and just confirmed a breakout above the neckline. This bullish reversal formation comes after a sharp downtrend, signaling a potential shift in short-term momentum.

📌 Breakout Level: ~$2,645
🎯 Potential Target: ~$2,730–$2,750 based on the pattern height
🟦 Retest Zone: ~$2,620–$2,640

We’re currently seeing a healthy breakout followed by a possible retest of the neckline, which could offer a solid entry for continuation toward the upper boundary of the channel.

If bulls hold this structure, ETH could accelerate higher in the coming sessions.
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