The upside target for the structure sits between $3,900 and $3,950, derived from the triangle’s height added to the breakout level.

This zone also coincides with a confluence of resistance levels, including the 0.5 Fibonacci retracement line and the descending trendline that has capped ETH rallies since October.

A decisive close above this area could shift Ethereum’s short-term bias further bullish, opening the door to potential tests of the 200-EMA and psychological $4,000 mark.

Conversely, failure to hold above $3,530 would invalidate the pattern and risk a retest of $3,300 support.