A clean Rounding Bottom often precedes a big move. Validate your entry.
Gradual reversal from bearish to bullish.
Market participants tracking Ethereum should note the latest formation. Currently at $1699.38, the asset is showing downward momentum (-2.78%). The primary technical feature is a Rounding Bottom formation. Volume is average (0.8x avg) with moderate trend strength (10.4). A potential breakout level is identified at $2154.22, targeting $2801.94 with support near $1830.36 (R:R 2.0).
What is your outlook on ETH?