#ETH/USDT Breaks Out! Next Stop: $4,000?
2024-11-08

Hey everyone!

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Welcome to this quick ETH update.

A few days ago, I shared that ETH was trading around $2,400 and had strong bounce potential—and it’s been moving right on track. Check out the chart below!

ETH is now trading around the $2,900 level, breaking out of a descending channel on the daily timeframe. A solid 40% move to the upside looks likely, which could bring ETH up to the $4,000 range in the coming weeks.

Entry: $2,750-$2,900
Target: $4,000
Stop Loss: $2,650

What’s your take on ETH’s current price action? Are you spotting this bullish setup too? Share your analysis in the comments, and let’s ride this wave together!