ETH/USD - Breakout Setup with Target Above Trendline ResistancEthereum / U.S. dollarBITSTAMP:ETHUSDMaya_ClarkfxCurrent Market Situation: Ethereum is currently trading near a strong support level at 2,931.0. Price has been consolidating while facing resistance from a downward trendline (highlighted in pink). Waiting for Breakout: The key focus now is waiting for a breakout above the trendline resistance (highlighted in yellow) for confirmation of upward momentum. Target: Once the breakout occurs, the target is set towards the 2,975.0–3,050.0 range, with potential for further gains. Market Sentiment: If the price holds at the support level and breaks the trendline, a bullish move towards the target zone is highly likely. Keep an eye on any sudden price movements or volume spikes as a sign of the breakout.