Ethereum / TetherUS
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ETH/USDT – Symmetrical Triangle Breakout Setup (1H Chart)

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After a strong bullish impulse, ETH is consolidating in a symmetrical triangle formation — a classic continuation pattern. Price is coiling up near the apex, with higher lows forming against a horizontal resistance line.

Setup Highlights:

Pattern: Symmetrical Triangle (1H)

Trend: Bullish continuation after breakout

Entry Zone: ~2592 USDT

Target: 2679 USDT (upper green box)

Stop Loss: Below 2561 USDT (lower red box)

Risk-Reward: Favorable R:R structure

Watching closely for a decisive breakout above the triangle resistance to confirm bullish momentum continuation.

Let me know what you think — bullish continuation or fakeout risk?

#Ethereum #ETHUSDT #CryptoTrading #TechnicalAnalysis #BreakoutSetup #TradingView

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