🚀 ETH Setup Looks Juicy | Breakout Incoming?
Ethereum (ETH) is showing a classic falling channel breakout after a strong sell-off 📉. Price has respected the channel perfectly and is now pushing upward with momentum building 🔥
🔍 What the chart shows:
Breakdown completed ➝ liquidity grab
Clean falling channel formed
Bullish breakout from the channel ✅
Price heading toward key resistance / supply zones
🎯 Targets in sight:
First target: $3,161 ±
Major target: $3,585 ±
📈 If ETH holds above the breakout and retests successfully, we could see a strong continuation move toward the upper target zone. Volatility expected—manage risk wisely ⚠️
💡 Bias: Bullish above support
🧠 Reminder: This is technical analysis, not financial advice.
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