ETH: Local Breakout Confirmed! Next Stop: $2,300Ethereum / TetherUSBINANCE:ETHUSDTLingridEthereum is finally showing signs of a major trend shift. After weeks of choppy price action within a massive macro structure, the local technicals have flipped in favor of the bulls. The Macro Context: Broadening Formation 🛰️ ETH has been trading inside a giant Broadening Formation (marked as "WEDGE" on the chart). This pattern indicates high volatility, but as we approach the mid-range, a clear direction is starting to emerge. The Setup: Local Wedge Breakout 🧩 The Trigger: We have officially cleared the descending resistance that capped price action throughout the recent correction. The "Buy Area": As indicated by the green arrow, we are now looking for a shallow pullback to flip previous resistance into new support. This zone sits around the $2,140 – $2,160 level. The Coiling Effect: The recent consolidation has flushed out the "weak hands," and the RSI is reset, giving the bulls enough fuel for the next leg up. The Roadmap: Destination $2,300 🎯 Following the black projection on our chart, the path of least resistance points to the upper boundary of the macro structure: Primary Target: $2,280 – $2,300. Secondary Target: A sustained breakout above the wedge could lead to a retest of the yearly highs at $2,400. Invalidation: A sustained 6H close back below the $2,080 support line would negate this bullish thesis. The "boring" phase of the accumulation is over. By waiting for the retest of the local trendline, you can secure a high-probability entry with a tight risk-reward ratio. Don't chase the green candles—wait for the dip! What’s your strategy? Are you loading up on ETH here or waiting for a deeper correction to $2,000? Let's discuss in the comments! 👇