$ETH / USDT has been trading within a range for some time where the price repeatedly bounced from support. The bounce from the white line came from the same zone, buyers showed strong interest there.
Now the price is near a crucial resistance (around $2,750) where multiple rejections have happened before. This zone is being tested again and a breakout attempt is underway.
If the breakout is confirmed:
๐ฏ First target: $2,850
๐ฏ Extended move: $2,950, $3,050
If it fails, the price could drop back to $2,600, $2,650.
ETH is standing right at the edge of a breakout...
If it goes up , profit party! If it drops, get ready to join the โbuy the dipโ line! ๐ ๐๐
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