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$ETHUSDT: Ethereum's price movement is currently confined wit | Wall Street Crypto Trading

$ETHUSDT:

Ethereum's price movement is currently confined within a descending triangle pattern.

Breakout: If the price surges above the triangle's resistance trendline (upper line), it signifies a bullish breakout. This could lead to a surge in price (bullish momentum)

Breakdown: Conversely, if the price tumbles below the triangle's support line (lower line), it indicates a bearish breakdown. This suggests that sellers are in control, and the price could see a decline (bearish momentum).