๐ $ETH /USDT โ Bullish Pennant in Play!
Ethereum is forming a bullish pennant on the 1H chart โ a continuation pattern that often signals a strong move ahead.
๐ต Scenario 1: Breakout to the upside โ Possible push towards $4,792
๐ด Scenario 2: Small dip before breakout โ Retest of support before the rally resumes
Either way, this is looking bullish as long as ETH holds above the pennant support โ
โ ๏ธ Manage risk, as invalidation happens if ETH breaks and closes below the pennant zone.