ETHUSDT – H2 – Ascending Trendline Continuation Setup
Ethereum is maintaining a constructive bullish structure after rebounding from a strong demand zone and establishing a series of higher highs and higher lows. Price has successfully reclaimed key support and is now holding above a rising trendline, indicating that buyers remain in control of the short-term trend.
The recent pullback appears to be a healthy retest of the ascending trendline rather than a trend reversal. As long as ETH continues to respect this dynamic support, bullish momentum may strengthen toward the next resistance levels. A confirmed move above the first resistance could trigger an extended rally toward the higher target zone.
If the Bullish Structure Holds
🟢 1st Resistance: 1,920.00
🟢 2nd Resistance: 1,980.00
🔴 Support Zone: 1,820.00 – 1,840.00
⚠️ Disclaimer: This analysis is for educational purposes only. Always wait for confirmation before entering a trade and apply proper risk management to protect your capital.
Ethereum is maintaining a constructive bullish structure after rebounding from a strong demand zone and establishing a series of higher highs and higher lows. Price has successfully reclaimed key support and is now holding above a rising trendline, indicating that buyers remain in control of the short-term trend.
The recent pullback appears to be a healthy retest of the ascending trendline rather than a trend reversal. As long as ETH continues to respect this dynamic support, bullish momentum may strengthen toward the next resistance levels. A confirmed move above the first resistance could trigger an extended rally toward the higher target zone.
If the Bullish Structure Holds
🟢 1st Resistance: 1,920.00
🟢 2nd Resistance: 1,980.00
🔴 Support Zone: 1,820.00 – 1,840.00
⚠️ Disclaimer: This analysis is for educational purposes only. Always wait for confirmation before entering a trade and apply proper risk management to protect your capital.
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