ETH|USDT (Ethereum) Towards $3400
2024-11-24

Hey Traders 

Key observations
Ascending triangle breakout the chart depicts a bullish ascending triangle pattern, which has successfully broken above resistance at apporximately $2800. This is strong continuation signal.

Potential pullback zone
The breakout retest area near $2800 provides a potential reentry point for buyers if the price corrects.

Target projections 

The immedate target for the breakout is around $3500.
Higher levels beyond $4000 are possible with sustained momentum and increased volume.