ETHUSD Bullish Pennant on Daily Chart – Breakout Setup Forming

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📊 ETHUSD Bullish Pennant – Technical Setup in Focus

Ethereum is currently consolidating within a bullish pennant pattern on the daily timeframe. This structure often appears after a strong price rally and may indicate continuation — if confirmed by a breakout above the resistance zone.

Technical Summary:

📌 Structure: Bullish Pennant

📈 Resistance: $2,550

🔍 Watching for breakout confirmation with volume

🧠 No confirmation = no trade

As always, this is not financial advice. Just sharing a potential setup based on price action and structure.

💬 What are your thoughts on ETH here? Do you see a breakout coming

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.