ETH 3H Chart Analysis

Ethereum is currently consolidating within a well-defined symmetrical triangle formation on the 3-hour timeframe. The structure shows solid respect for both levels—the upper resistance trendline and the rising channel support below.

Key observation: As long as ETH maintains its position above the channel support zone, the bias tilts toward continued upside momentum. A push toward the upper range would represent the higher-probability scenario from here.

The symmetrical triangle setup typically signals an imminent breakout once price tests either boundary. Traders are watching closely to see if bulls can defend support and fuel a rally toward range highs, or if sellers take control and force a lower-probability decline.