ETH/USD 1H — Rising Wedge Breakdown Setup

The chart shows **Ethereum (ETH/USD) on the 1-hour timeframe** forming a **rising wedge / converging triangle structure**. Price is approaching the upper trendline around **$1,925–$1,930**, where a rejection could initiate a bearish breakdown.

### 🎯 Key Levels

* **Resistance:** $1,925–$1,930
* **Current price:** ~ $1,919
* **TP1:** **$1,893.51**
* **TP2:** **$1,858.10**

### 📉 Bearish Setup

A rejection from the upper trendline followed by a break below the rising support trendline would strengthen the bearish scenario.

**Target 1 → $1,893.51**
**Target 2 → $1,858.10**

The chart projects an initial decline toward **$1,893.51**, followed by a deeper move toward **$1,858.10** if selling momentum continues.

### Suggested Chart Title

**“ETH/USD 1H — Rising Wedge Breakdown | TP1 $1,893.51 & TP2 $1,858.10”**

**Bias:** 🔴 Bearish below **$1,930**, with downside targets at **$1,893.51 → $1,858.10**.