Ethereum has broken above a descending trendline, signaling potential upward momentum. This breakout occurred around the 3405 USDT level and suggests the possibility of further movement toward higher price targets.
Trade Details:
Entry Point: 3401 USDT
Take Profit (TP):
TP1: 3645 USDT
TP2: 3762 USDT
Stop Loss (SL): 3192 USDT
This setup is based on a valid trendline breakout, accompanied by increasing trading volume, which adds strength to the bullish scenario. Risk management is highly recommended to minimize potential losses.