ETH LongETH / Tether PERPETUAL FUTURESMEXC:ETHUSDT.PPortomafiaStructure / context Price completed a 5-wave decline into C inside a falling wedge (support = green line). A descending supply line (red) caps the swings; a break above it would confirm momentum shift. Horizontal reference levels from the chart: 4413, 4491, 4668, 4953. A stretch objective sits near 5045. Plan Bias: Long against wedge support. Entry: around the current base (~4290–4310 area on the chart). (Conservative alternative: wait for a close above the red trendline.) Invalidation / stop: below 4208 (below wedge + box low). Targets: TP1: 4413 (first orange line) TP2: 4491 TP3: 4668 Stretch: 4953 → possible extension toward 5045 Management notes: If TP1 hits, consider moving stop to breakeven and trail below higher lows or the broken red trendline. If price closes back below wedge support or the red trendline after breakout, treat as a failed move and stand aside. Why this setup Completed A-B-C correction with a terminal (1)–(5) into C at wedge support. Repeated tests of the green support + contracting swings hint at seller exhaustion. Break of the red trendline would confirm a shift in control; targets align with prior reaction zones. Risk & transparency Chart is built on standard OHLC candles; no non-standard chart types required. This is a visual trade plan, not financial advice. Past behavior ≠ future results.