$ETH

ETH has broken out of the descending trendline resistance with strong bullish momentum, confirming a trend reversal. After the breakout, the price surged past the horizontal resistance at $2,879 and is currently consolidating just below the $3,000 mark.

This consolidation above previous resistance, now turned support suggests strength. As long as ETH holds above $2,879, a continuation toward higher levels remains likely. However, a drop below this support could lead to a retest of the $2,635 zone.

Overall, ETH is showing bullish structure, with potential for continuation if it maintains current levels or forms a bullish flag/pennant.