ETH momentum check: After breaking consolidation, Ethereum rides an ascending wedge, clinging to support while eyeing the 3000 supply band overhead. Earlier triangle pops hint bulls may punch resistance. Chart bias and TA remain constructive.Trade active
ETH smashed a descending wedge, then carved an ascending triangle; consolidation around 2.6k acts as fresh demand while rising trendline guides momentum. Break above 2.8k opens route to the 3.2k resistance shelf highlighted on the chart.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.