ETH/USD 1H — Rising Wedge Breakdown SetupEthereum / US DollarCOINBASE:ETHUSDTrendVertexThe chart shows **Ethereum (ETH/USD) on the 1-hour timeframe** forming a **rising wedge / converging triangle structure**. Price is approaching the upper trendline around **$1,925–$1,930**, where a rejection could initiate a bearish breakdown. ### 🎯 Key Levels * **Resistance:** $1,925–$1,930 * **Current price:** ~ $1,919 * **TP1:** **$1,893.51** * **TP2:** **$1,858.10** ### 📉 Bearish Setup A rejection from the upper trendline followed by a break below the rising support trendline would strengthen the bearish scenario. **Target 1 → $1,893.51** **Target 2 → $1,858.10** The chart projects an initial decline toward **$1,893.51**, followed by a deeper move toward **$1,858.10** if selling momentum continues. ### Suggested Chart Title **“ETH/USD 1H — Rising Wedge Breakdown | TP1 $1,893.51 & TP2 $1,858.10”** **Bias:** 🔴 Bearish below **$1,930**, with downside targets at **$1,893.51 → $1,858.10**.