#ETH — Rising Wedge ⚠️📉
ETH is forming a rising wedge on the 15-minute chart, with price around $1,901. The pattern shows rising price action inside converging trendlines, suggesting bullish momentum is losing strength.
A breakdown below the lower wedge support could trigger a move toward ~$1,870, while reclaiming $1,915–$1,920 would weaken the bearish setup and could signal another push higher. 👀
Market sentiment: Cautiously bearish — watch the wedge support for confirmation.
$ETH
ETH is forming a rising wedge on the 15-minute chart, with price around $1,901. The pattern shows rising price action inside converging trendlines, suggesting bullish momentum is losing strength.
A breakdown below the lower wedge support could trigger a move toward ~$1,870, while reclaiming $1,915–$1,920 would weaken the bearish setup and could signal another push higher. 👀
Market sentiment: Cautiously bearish — watch the wedge support for confirmation.
$ETH