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Ethereum Breaks Out of Falling Wedge | Eyes on $2,800+

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Ethereum has completed a textbook breakout from a falling wedge pattern on the daily chart, signaling a bullish trend reversal. The breakout is supported by strong price momentum and a bullish Ichimoku Cloud flip.

๐Ÿ”น Technical Analysis:

โœ… Falling wedge breakout confirmed

๐Ÿ”ผ Break above cloud resistance adds bullish confidence

๐Ÿ“ˆ Targeting $2,800โ€“$3,000, based on measured move

๐Ÿ”„ Consolidation near $2,600 suggests healthy continuation

๐Ÿ”น Fundamental Outlook:

๐Ÿง  Ethereum sentiment improving with broader crypto recovery

๐Ÿ”ง Anticipation around ETH ecosystem upgrades & ETF narratives

๐Ÿฆ Easing Fed stance favors risk-on assets like crypto

๐Ÿ“Œ Bias: Bullish above $2,450 โ€” watching for continuation toward the $2,800 zone.
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Note: This is not financial advice. Please conduct your own research and manage risk accordingly.
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