ETH Technical Setup: Accumulation Phase Before Breakout?

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ETH Technical Setup: Accumulation Phase Before Breakout?Ethereum / USDBINANCE:ETHUSDLunadigitalEthereum is currently showing a recovery structure after a strong rejection and breakdown earlier. Price has successfully bounced from a major support zone around 2,169, which is acting as a key demand area. At the moment, ETH is trading near 2,325, attempting to build higher lows and continue its upward momentum. Key Levels to Watch: * Strong Support: 2,169 * Current Zone: ~2,300 – 2,350 * Major Resistance: 2,791 As long as price holds above the 2,169 support, the bullish structure remains valid. A continuation could push ETH towards the 2,700–2,800 resistance zone. However, any rejection from current levels may lead to a pullback towards the support zone before the next move. Overall, the market is showing signs of gradual accumulation with a potential upside continuation, but confirmation is required near resistance. Not Financial Advice