$ETH /USDT Forming a Giant Ascending Base!
Major Bullish Structure Unfolding!
#Ethereum is trading at $2,444 with a strong +9.72% weekly candle. The chart shows a massive ascending support line since mid-2022, with repeated resistance near the $4,000 level. This could be the foundation of the next big breakout!
The green zone between $2,000–$2,200 is acting as strong demand, and price has bounced cleanly off it. If bulls maintain control, ETH could aim for a new ATH breakout above $4,000 in the coming months.
Eyes on:
• Support: $2,000
• Resistance: $4,000
• Breakout Target: $5,200+
Trade Setup – Long-Term Swing Strategy:
• Entry: $2,400 – $2,500
• TP1: $2,950 (mid-range resistance)
• TP2: $3,600 (pre-breakout structure)
• TP3: $4,200 (major breakout zone)
• TP4: $5,200 (projected target on breakout)
• Stop Loss: Below $2,000
Don’t ignore this long-term setup. This is how big rallies begin.
