ETHUSDT is testing the 2,400 level. A breakout is possible.

[madmax]

A U-formation is forming, with consolidation near the resistance level of the broader range. That very handle could trigger a potential breakout above 2400. Volume is favorable, and the bulls are maintaining the local trend

Scenario: A breakout of the local downward resistance on the M30–H1 timeframe could trigger a retest of 2400. A break above the key 2400 level and consolidation above it could provide a catalyst for further growth toward 2550–2650

[cryptobro]

the U-formation + handle near resistance is a classic continuation setup if volume stays supportive

[cryptoenthusiast]

so basically: it goes up if it goes up, but also might go down first. groundbreaking stuff.