ETHUSDT Trendline Break + Reversal Structure Ethereum / TetherUSBINANCE:ETHUSDTFrankAgboETHUSDT on the 15M timeframe is showing a clean **trend reversal setup** after breaking out of a strong descending trendline. After a prolonged downtrend, price has now: * Broken the trendline * Formed a base (accumulation) around **1970** * Started pushing higher with momentum This is a classic **shift from bearish to bullish structure**. --- **Market Context:** * Previous trend: Bearish * Current phase: Accumulation → Expansion * Momentum: Increasing on the upside The recent impulsive move suggests buyers are stepping in aggressively. --- **Bullish Scenario (Primary Setup):** If price holds above the breakout zone (**2007–2020 area**): * First target: **2084** * Major target: **2158** The arrows show a continuation move into higher liquidity zones. --- **Bearish Scenario (Invalidation):** If price drops back below **2000**: * Possible fakeout * Retest of **1970 support** Failure to hold structure = weakness. --- **Trading Plan:** * Entry: Buy on pullback to **2007–2020 zone** or continuation breakout * Stop Loss: Below **1960** * Target: **2084 → 2158** --- **What I’m Watching:** * Higher lows forming (bullish confirmation) * Strong continuation candles * No deep retracement (sign of strength) --- **Key Levels:** * Support: **2000 / 1970** * Resistance: **2084 / 2158** --- This is a textbook **trendline break + accumulation → expansion** setup. If momentum holds, ETH could continue pushing higher from here. **Wait for confirmation and trade with structure.** — FrankFx