Ethereum
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Ethereum (ETH/USD) – Potential Breakout Alert

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Ethereum (ETH/USD) – Potential Breakout Alert! 🚀

This is the 1-day chart of ETH/USD, which has been trading in a strong downtrend channel. Now, it appears to be on the verge of a breakout, presenting an exciting bullish opportunity!

🔹 Technical Analysis:

✔ Downtrend Channel: After a prolonged decline, ETH is now testing the lower support level.
✔ Potential Reversal: A possible bounce from this level could trigger a strong upward movement.
✔ Targets:

First Target: $2,316

Second Target: $3,624
✔ Stop Loss: $1,433 to maintain risk management.


📈 Expected Move:

If ETH successfully breaks out, it could initiate a strong bullish rally, offering a great profit opportunity!

📢 Follow the Trend, Don’t Miss Out!

Are you in this trade? Share your thoughts in the comments! 🚀

Penafian

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