🚨 Ethereum at Crossroads: Breakout Incoming or Another Rejection?🤔
Ethereum just pulled a strong move from the $2,375 zone, following Bitcoin’s lead 💥
Bulls pushed through key resistance at $2,500 and even spiked above $2,600 — hitting $2,619 before entering consolidation mode.
🔹 Now holding above $2,550 and the 50EMA (1H),
🔹 A contracting triangle is forming with support at $2,560
🔹 All eyes on the $2,665 resistance – break it, and $ETH could rally to $2,720, $2,750, even $2,800 👀
📉 But Beware of the Bearish Scenario
If $ETH fails to clear $2,615, a pullback could send it to:
➡️ $2,560
➡️ $2,500
➡️ And if pressure continues, down to $2,450 or $2,350 😬
📊 Which way are you leaning — breakout or breakdown?
