ETH — TRIANGLE CONSOLIDATION PENDING

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ETH — TRIANGLE CONSOLIDATION PENDINGEthereum / TetherUSBINANCE:ETHUSDTLingrid🔺 ETH is coiled within a clear descending triangle pattern, indicating building compression against a long-term resistance line. The price is currently testing the lower boundary of this structure. A decisive breakout above the descending resistance will serve as our primary momentum trigger. We expect a projected path to the upside once the consolidation phase resolves, aiming for a retest of the overhead liquidity zone. Watch for a higher low to confirm buyers are defending the local floor. ⚖️ FACT - The $6.4M Ethereum Foundation sale is negligible, having no meaningful impact on supply or price. 📉 FACT - Bitmine has shifted strategy away from ETH purchases, cooling institutional demand for now. 🔑 Key Levels 🚧 Resistance: $2,420 🛡️ Support: $2,300