ETHUSDT: Ascending Channel Breakout Targeting $2,700 Zone (+41%)Ethereum / TetherUSBINANCE:ETHUSDTMacki87Ethereum is currently resolving an ascending parallel channel on the daily timeframe, holding strong structural support above the $1,840 region. With price consolidating right at the upper channel boundary (~$1,910), a confirmed breakout above immediate horizontal resistance opens a high-probability pathway toward key liquidity targets at $2,118, $2,400, and ultimately $2,700. Technical Breakdown & Key Levels Market Structure & Channel Dynamics: Trend Support: Price has consistently respected the long-term ascending trendline from the $1,839 base, establishing higher lows inside a tight rising wedge/channel. Momentum (RSI): The RSI has reset into neutral/bullish territory near 50 after bouncing off oversold regions, indicating ample room for expansion on a volume-backed breakout. Crucial Resistance & Target Levels: Immediate Breakout Level: $1,941 – $1,985 (Primary trigger zone for long entry confirmation) Target 1: $2,118.03 (Intermediate Liquidity Pool) — +10.9% Target 2: $2,400.00 (Major Resistance & Psychological Barrier) — +25.6% Target 3 (Macro Objective): $2,700.87 (Projection Target) — +41.4% Invalidation & Risk Management: Stop Loss / Invalidation: A daily candle close below $1,839.62 invalidates this bullish structure. Execution Plan Conservative Strategy: Wait for a decisive daily close above $1,985.00 with healthy volume confirmation before entering long. Aggressive Strategy: Scale into long positions on minor pullbacks toward the lower channel support (~$1,890–$1,900), keeping strict risk management. Risk Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always practice strict risk management and position sizing before taking any trades. 👉 Enjoyed this setup? Hit the Like button, drop your thoughts in the comments below, and Follow for daily high-probability crypto and commodity technical analyses!