<ul><li>Ethereum's price struggled to attract gains initially but shows signs of potential recovery with a bullish chart pattern breakout.</li><li>Trader Tardigrade identified a Bull Pennant Pattern on the 1-day chart, signaling a continued upward trend for Ethereum.</li><li>The breakout from the bull pennant pattern suggests growing upward momentum, with predictions of a rally back to the $2,250 level.</li><li>Ethereum's spot volume cooling off might indicate a reduction in volatility, helping alleviate selling pressure in the market.</li></ul>

Ethereum Poised For Strong Price Rebound Following Bullish Chart Pattern Breakout

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