$ETH /USDT Struggles at Resistance Breakout Incoming or Another Fakeout?
After peaking at $2,879.71, $ETH entered a steady downtrend, marking a major low before bouncing back toward $2,525.53. The structure shows failed consolidation and heavy sell pressure near resistance with support forming around $2,385.
If bulls hold above this zone, a breakout could retest $2,600+. But a rejection may send price back to $2,300–$2,250 levels.
Trade Setup
• Entry: $2,420
• TP1: $2,480
• TP2: $2,540
• TP3: $2,620
• Stop Loss: $2,345
Decision time for $ETH breakout or breakdown?