Bullish technical setup on 20-week SMA and 3-year RSI wedge

Bullish-27.97%

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The author presents a bullish technical outlook for Ethereum, highlighting a 20-week SMA bounce and a 3-year RSI wedge that suggest an imminent upward breakout.

$ETH #Ethereum 20 week SMA bounce which generally leads to a leg upwards. RSI has been building a 3 year wedge and could be waiting for a powerful breakout from this base. https://x.com/cantonmeow/status/2118118540637000056/photo/1

Bullish technical setup on 20-week SMA and 3-year RSI wedge

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