$ETH has been consolidating within a symmetrical triangle on the 2H timeframe for roughly two weeks, suggesting a breakout could be approaching.

Bullish case:

A decisive move above the upper resistance will open the door for a long position, with $2,400 as the target.

Bearish case:

A clear break below the triangle’s support would signal a short opportunity, aiming for $1,600.

Until then, I remain patient and wait for confirmation before taking any position.