Clear breakout from the descending channel. Price tapped the lower bound perfectly and bounced hard. Now testing mid-channel — if we flip this and reclaim the 0.120 zone, it opens up a fast move toward 0.16+.
Breakdown back into the channel = fakeout risk remains alive, so stay reactive.
$ETH may dip below $2300 in the short term — and that’s okay. Don’t panic. I still see a likely move back into the $2500–$2700 range, but we’ve got to stay patient and manage risk wisely. Stick to your plan, and don’t let emotions take the wheel.