By NoriFtm | Binance Square Write to Earn

Price: $1,762.36 | Change: -3.13%

ETH has been maintaining a bullish structure on the medium-term chart, consistently respecting a rising trend channel. Recently, a key resistance zone flipped into strong support, reinforcing the bullish bias.

The area of interest lies at the intersection of this support zone and the lower boundary of the channel. This confluence zone offers a high-probability region to scout for long opportunities.

What I’m Watching:

As ETH nears this crucial level, I’ll be monitoring for signs of a bullish reversal, such as:

Double Bottom Patterns

Breakout from Local Downtrend Lines

Strong Bullish Candlestick Structures

Trading Discipline Matters:

Every setup needs a solid plan—entry rules, risk control, and trade management are key. This zone may offer reward, but only with the right approach.

Final Thought:

"The edge is not in the setup—it's in how you manage it."

– NoriFtm (Binance Square Write to Earn Contributor)

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