$ETHUSDT Double Bottom

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$ETHUSDT Double BottomEthereum / TetherUSBINANCE:ETHUSDTcrypto_vulture_signalsETHUSDT on the 1D timeframe is showing a Double Bottom formation after a prolonged decline. The chart highlights two swing lows near the 1,505 support area, followed by a recovery toward the neckline resistance. The current price is trading around the 1,845 zone, where price is testing the previously marked resistance. This area is important because a sustained move above it could confirm the bullish reversal structure. Key levels visible on the chart: Support: ~1,505 Neckline / Confirmation: ~1,870 Immediate Resistance: ~1,870 If price achieves a confirmed breakout above the 1,870 neckline, the pattern projects a potential move toward 2,192, representing an upside of approximately 17% from the breakout level. If the price fails to hold above the neckline and moves back below the breakout area, the bullish setup could weaken, making the pattern invalid until buyers regain control. Watch for confirmation before considering the projected target, as chart patterns may fail in changing market conditions.