🔥 **ETH/USDT CRITICAL UPDATE: Weekly Breakdown & Retest in Progress!** [⬆️ See attached chart]

**Key Developments:**

1️⃣ **Pattern Break:** $ETH has decisively broken below its *ascending broadening wedge* on the **weekly timeframe** – confirmed by significant volume.

2️⃣ **Retest Phase:** Price is now challenging the pattern’s underside while battling the Ichimoku Cloud resistance overhead.

3️⃣ **Critical Junction:** This retest will determine mid-term direction:

✅ **Successful retest (bearish):** Downward continuation likely.

✅ **Reclaim above pattern (bullish):** Potential wedge recovery.

**What to Watch (Per Chart):**

🔺 **Resistance:** Ichimoku Cloud & wedge baseline near **$2,788**

🔻 **Immediate Support:** **$2,475** (today’s low)

⚠️ **Failure zone:** Weekly close below **$2,500** strengthens bear case.

**Strategic Insight:**

> *"This is a high-conviction technical signal. Traders should monitor the retest reaction closely – failed retests often accelerate momentum. Manage risk at key supports and watch volume for confirmation!"*

**Your Move:**

👉 **Scalpers:** Range-trade between $2,475-$2,550 until breakout.

👉 **Swing Traders:** Wait for weekly close confirmation above/below $2,500.

👉 **Spot Hodlers:** DCA only if support holds.

🗳️ **Vote:**

→ Bearish: Retest holds, drop to $2,300?

→ Bullish: Reclaim wedge & cloud breakout?

**Drop your analysis below!** 👇

*(Always DYOR – not financial advice)*

#Ethereum #ETH #Crypto #TechnicalAnalysis #Binance #Trading #Web3 #Blockchain